Comment by blensor
9 hours ago
I am not so sure about that. When it felt like Meta was abandoning the space we saw some resurgence of smaller projects that tried to innovate, but if you have a big player sucking out all the oxygen you can't build smaller scale projects
Unfortunately a couple of small start ups isn't enough to carry the industry. Even big players like Valve who have more money in the bank to take a hit couldn't bring their headset in below $1000
Valve never sells at a loss. A significant slice of that is probably the RAM and storage, even at scale.