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Comment by jtfrench | Hacker News Reader

>>>"The biggest thing about the Facebook deal is that Oculus will have hundreds of millions of dollars to develop the hardware they dream of, not the hardware they have to settle for."

I didn't realize this was public knowledge, yet you certainly state it as if it was obvious. Do you have evidence of them having to settle for lame hardware that $75M of investment couldn't get them? Where did this news surface? Sounds interesting.

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There have been a few mentions of this both in videos and posts. Here's a relevant bit from a post by Palmer Luckey on Reddit:

http://www.reddit.com/r/oculus/comments/21cy9n/the_future_of...

>We can make custom hardware, not rely on the scraps of the mobile phone industry. That is insanely expensive, think hundreds of millions of dollars. More news soon.

http://www.reddit.com/r/oculus/comments/21lu33/introducing_m...

>You are right that screens with big lenses in front of your eyes is essentially a brute force design, a design that relies on utilizing the scraps of the mobile phone industry to provide a good VR experience at the cost of performance and form factor. Doing better requires insane resources, which we now have.

> We can make custom hardware, not rely on the scraps of the mobile phone industry. That is insanely expensive, think hundreds of millions of dollars. More news soon. - Palmer [1]

[1]- http://www.reddit.com/r/oculus/comments/21cy9n/the_future_of...

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