Part 2/12:
Palmer Lucky, the visionary behind Oculus VR, narrates a pivotal moment in his career where Mark Zuckerberg promised not only to acquire Oculus but also pledged to pour a minimum of one billion dollars annually into research and development for virtual reality over the next decade. Lucky emphasizes that he didn’t merely sell his company; he claims he “acquired” Facebook, thanks to Zuckerberg’s commitment to making augmented reality (AR) and virtual reality (VR) central to Meta’s future. This strategic pivot led Zuckerberg to rebrand Facebook as "Meta," positioning AR and VR as core technological frontiers. Lucky’s assertion highlights the substantial influence and vision Zuckerberg had for the platform's future, turning a corporate acquisition into what Lucky describes as a personal triumph and vision realization.