According to Catharine P. Taylor of MediaPost “Facebook’s business model is about fashion, and since no one knows what will be fashionable in tech even a year from now, it is buying up all it can”
And apparently the new fashion is now virtual reality – you just have to look like a dork at the moment to see the latest Oculus VR. But what these latest acquisitions by Facebook are is placing bets. Facebook more of a v.c. thank it is a Social Network. For now, in the ever-shifting world of tech, it’s not bad if Facebook is a bit of both.