Laissez le bon temps rouler

Maybe can get a major BOHICA to punctuate his problems.

Facebook exodus continues as Oculus co-founder Brendan Iribe leaves

Brendan Iribe, the former CEO and co-founder of Oculus, announced on Monday that he would be leaving Facebook, making him the latest founder of a notable start-up acquired by the company to depart. [snip]

Facebook has seen the exits of Instagram Co-founders Kevin Systrom and Mike Krieger in September and WhatsApp Co-founder Jan Koum in April as it has dealt with a series of scandals over the security and privacy of user data as well as the spread of misinformation on the company’s services.

Iribe joined Facebook when the company acquired Oculus, a virtual reality company, in 2014 for $2 billion. Since then, Oculus has failed to gain mainstream adoption, but Facebook has continued to develop new versions of the company’s hardware, most recently announcing the $399 Oculus Quest. Iribe was CEO of Oculus until he was demoted from the role in late 2016. [snip]

Tensions between Zuckerberg and his acquired start-up co-founders have reportedly been growing over the past year as the company deals with scandal after scandal. Speaking last week, Instagram’s Systrom said “no one ever leaves a job because everything’s awesome.” [snip]

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