Interesting. He compares FB buying Oculus to Google buying YouTube. I see his point, but I don't quite agree with the comparison. A search engine company buying a what is ultimately a VIDEO search engine makes total sense.

The rest of his argument focuses on how we should be happy they have all the cash they need now, but then also mentions they raised over $90M prior to that.

Was $90M not enough to build it out themselves? Or did the VCs just want to flip this one quick?