Facebook just lost another Oculus cofounder (FB)

nate michell oculus facebook

  • Oculus cofounder Nate Mitchell is leaving
    Facebook.
  • He’s the latest cofounder of the virtual reality unit
    to leave Facebook since its acquisition in 2014.
  • Mitchell says he “decided to move on” and he’s taking
    some time off.

Yet another cofounder of Oculus, the Facebook-owned virtual
reality business unit, is leaving the company.

In a post on Reddit on Tuesday, Nate Mitchell announced his
departure from Facebook, saying he has “decided to move on.”
The
Information first reported the news
, shortly before Mitchell
made his public post. 

Over the past few years, founders of companies Facebook has
acquired have steadily left the Silicon Valley tech giant — there
are no cofounders of Instagram and WhatsApp, for example, still
working at Facebook.

Mitchell said in his Reddit post that he’s taking some time off:
“I’m taking time to travel, be with family, and recharge. Of
course, I’ll still be part of this community, but I’ll have a much
smaller role to play.”

The Information also cites an internal company memo, in which
Mitchell wrote: “It was a difficult decision, but now feels like
the right time for a change.”

Oculus’ cofounders include Palmer Luckey, Brendan Iribe, Jack
McCauley, Michael Antonov, and Nate Mitchell. It was founded in
2012, before being acquired by Facebook in 2014 for $2 billion.

McCauley left in November 2015
, Luckey
left in March 2017
,
Iribe exited in October 2018

Here’s
the full Reddit post
:

Thanks for believing in the impossible

Hey everyone — I have some bittersweet news to share with this
community. After 7 incredible years, I’ve decided to move on from
Oculus / Facebook.

When we posted the Kickstarter in 2012, VR was mostly the stuff
of science fiction. We didn’t know if people would take us
seriously. We weren’t even sure we’d hit our original $250k target.
But this community from around the world came together and helped
make VR a reality. Fast forward just a few years later, and VR is
changing people’s lives every day. This is because of you.

Virtual reality is still on the bleeding edge of technology, and
this community continues to pioneer the way forward. What’s ahead
is always unknown, and that’s what makes it exciting. Stay bold and
keep chasing the future.

What’s next for me: I’m taking time to travel, be with family,
and recharge. Of course, I’ll still be part of this community, but
I’ll have a much smaller role to play.

I expect the incredible team at Facebook to continue to surprise
and delight us on this mission to build the next computing
platform. I can’t wait to see what comes next.

To everyone here: Thank you for your passion and creativity.
Thank you for believing in the impossible. Thank you for inspiring
us everyday.

Thanks for 7 amazing years.

Nate

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Source: FS – All Tech News
Facebook just lost another Oculus cofounder (FB)