Why did Oculus VR join Facebook? Because consoles don’t reach a billion people

As Oculus VR CEO Brendan Iribe weighed the decision to sell his hot virtual reality startup to Facebook, he asked himself, “Do we want to be [like the] Game Boy? Or do we want to be Android?”

Facebook bought Oculus VR for $2 billion in March, giving the young virtual reality headset company a home on a home that more than one billion people use every month. In the end, Iribe chose to be more like Android, which is now on more than a billion devices.