Just like Ancient Greek philosopher Aristotle remained dedicated towards its Poetics, even before it was released and transformed the entire writings, Facebook’s top executives are also dedicated to modern day technology i.e. Virtual Reality even before its release and transform the entire gaming experience.
Facebook Chief Operating Officer Sheryl Sandberg and Chief Technology officer Mike Scroepfer refers VR headsets as the “ultimate empathy device.” The cost of Facebook’s own Oculus Rift VR headset is $1500 inclusive of headset, necessary additional hardware and software making it accessible only to the enthusiasts at this point when it went on sale in retail stores last month.

Facebook is still silent on Augmented Reality and let’s see for how long they will remain silent on AR. Google is now trying their hands on Virtual Reality and is trying to compete with Valve HTC Vive, PlayStation VR as their Google Glass, an AR technology was a flop as a consumer device and Schroepfer and team is trying to make it better for the consumer.

But, Facebook is climbing its ladder to success in VR and has been ranked seventh most valuable franchise in the U.S. Being a public company; they achieved this rank in just four years. They have done a lot on mobile transition too and are ready for “What’s next”.