My conspiracy theory is that it was wildly successful, because the point wasn't creating whatever VR space they claimed wanted to happen; it was to cover up the story of the Facebook papers. The timing lines up (both in October 2021 within a day or two). The additional patents acquired in the process are just a nice little bonus.
Investors ate up the idea from someone who has a history of wildly successful growth. And we all know, it would have been outcry from investors that caused any real change (in America at least) about Facebook's business practices.
My conspiracy theory is that it was wildly successful, because the point wasn't creating whatever VR space they claimed wanted to happen; it was to cover up the story of the Facebook papers. The timing lines up (both in October 2021 within a day or two). The additional patents acquired in the process are just a nice little bonus.
Investors ate up the idea from someone who has a history of wildly successful growth. And we all know, it would have been outcry from investors that caused any real change (in America at least) about Facebook's business practices.