http://www.gamespot.com/articles/some-deals-take-months-but-facebook-completed-its-purchase-of-oculus-vr-in-72-hours/1100-6418566/

"At one point, we were introduced to Mark Zuckerberg. He was really interested in what we were doing. He was fascinated like other people in the geek community, or gaming community," Iribe said. "He was really excited about how we were making this thing work. He wanted me to show him the demo at Facebook. I told him there was a better demo down here in Irvine. He was able to hop on a flight down. He met the team. He saw the latest demos. We talked about the vision. The whole thing was about getting more comfortable with each other and the vision and becoming friends. He and I got to be really good friends, and Palmer met him, too. And then he asked, 'How can I help? How can Facebook help you?'"

Iribe recalled that he described the company's vision for what Oculus Rift could become, and then Zuckerberg brought up the idea of a partnership.

"'What if we partner with you? You stay the same. Stay who you are. You expand that vision and focus on other things also. Gaming is core. But how can we help and invest significantly into the platform, the hardware, and bring down the cost of it. We could make it more optimized, do custom silicon, make this even better. What if we also invest in the parts so you can sell the virtual reality platform at cost?,'" Iribe recalls Zuckerberg saying. "It would use the best components and build a superior technology platform. Then let’s sell it at cost."

Also in the interview, 21-year-old Oculus Rift creator Palmer Luckey acknowledged that the partnership of Oculus VR and Facebook does not make as much sense, right now at least, as Facebook's other recent acquisitions of WhatsApp and Instagram. However, Luckey said he expects people to better understand the role Facebook will play in the future of virtual reality as time progresses and certain announcements are made.

"We're going to have more good news about what we will be able to do now. We are working with Facebook, and we can't announce it yet," Luckey said. "Every developer we are working with has had a very positive reaction. My inbox is flooded by email. A huge number of developers. Some people are upset. But the vast majority who are actually software developers see why this is a good thing."

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Impressive if true

He says these things but after putting that stupid chat bar on the right, poking, hashtags and the terrible new UI on FB... I can't take anything he says seriously

From a consumer stand point I suppose that build high quality and sell at cost would be desirable.

Calling it now. Facebook is going to make Second Life or Home out of Facebook and those other services with VR. So basically advertising. If they are as smart as Linden there might be some economic gain to be had. Though if they build the device so nicely they might price it out of consumer's hands limiting possible ad revenue.

He knows the Rift isn't the product.

To be honest.. Facebook has nothing like a distribution channel and customer support service but so did google a few years back and even MS before their own hardware devices with Zune and Xbox..  They know they have to evolve as a company cause social isn't a social anymore.. Zuckerberg thinks he can do it the Amazon way.. sell a product a cost and get the return through their services.. I think it would be great for a product like OR not to worry about day 1 profits and it should be a great advantage (together with the exposure) over the Sony VR system..

Facebook brings OR real funding and financing to do things like improve the look of the device.

Facebook will definitely make horror games even scarier!

Sounds good.

oh man thats awesome! did you make it yourself or gaf?

Found it on a small forum, MP1st. I've no idea who actually made this.