Story behind Palmer Luckey’s ‘firing’ from Facebook, co he sold his startup for $2 bn

Palmer Luckey, Oculus VR's founder, was acquired by Meta for $2 billion at age 21. He later left Meta amid controversy over political donations.

Key takeaways

Quick scan — what you need to know:

• Palmer Luckey, Oculus VR's founder, was acquired by Meta for $2 billion at age 21.
• He later left Meta amid controversy over political donations.
• Luckey then founded Anduril Industries, a defense-tech startup, and recently commented on Meta's VR layoffs, deeming them beneficial for the industry's long-term health.

Background

What led here, in plain terms:

• He later left Meta amid controversy over political donations.
• Luckey then founded Anduril Industries, a defense-tech startup, and recently commented on Meta's VR layoffs, deeming them beneficial for the industry's long-term health.

Why it matters

Why readers and decision-makers should care:

• Luckey then founded Anduril Industries, a defense-tech startup, and recently commented on Meta's VR layoffs, deeming them beneficial for the industry's long-term health.
• Palmer Luckey, Oculus VR's founder, was acquired by Meta for $2 billion at age 21.
• He later left Meta amid controversy over political donations.