Granted, Oculus makes fantastic products that are making VR more accessible. However, as a business, it has been investment heavy[1]. Meta continues to make 10s of billions of dollars worth of investment to build an ecosystem around it.

I don’t think Zuck foresaw the level of investment he’ll need to make before turning profit.

Oculus (and the “Metaverse”) is a 10-20 year play, betting on people changing their habits and using VR as their primary medium of engagement online. They’re trying to build an iPhone/iOS like integrated hardware and marketplace experience, but it remains to be seen if they’ll be profitable as a business.

[1] https://www.androidcentral.com/despite-quest-2-sales-success...