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Oculus Co-Founder Brendan Iribe Departs After Project Cancellation

The CEO and co-founder of Oculus, Brendan Iribe, announced today on Facebook that he is departing the company he helped create. Reports are coming out that after Facebook made changes in the virtual reality section of the company, which eventually led to the cancelation of the Rift 2 (which would have been the technological successor of the current Oculus Rift), Iribe chose to leave. Below is a statement he posted on his page about his departure.

Oculus Co-Founder Brendan Iribe Departs After Project Cancellation
credit//Facebook

So much has happened since the day we founded Oculus in July 2012. I never could have imagined how much we would accomplish and how far we would come. And now, after six incredible years, I am moving on.

I'm deeply proud and grateful for all that we've done together. We assembled one of the greatest research and engineering teams in history, delivered the first step of true virtual presence with Oculus Rift and Touch, and inspired an entirely new industry. We started a revolution that will change the world in ways we can't even envision.

Yet, as far as we've come, the journey has just begun. Michael Abrash is right: "These are the good old days". Now is when we get to pioneer the foundation of the next great computing platform and medium – this is our time to be pushing the state-of-the-art onward and upward. Every part of VR and AR needs to improve, especially the hardware and core technology, and Oculus has the best team in the world to do that. Although we're still far from delivering the magical smart glasses we all dream about, now they are nearly within our reach.

Working alongside so many talented people at Oculus and Facebook has been the most transformative experience of my career. We have a saying when someone compliments or thanks you – "Team effort". The success of Oculus was only possible because of such an extraordinary team effort. I'd like to sincerely thank everyone that's been a part of this amazing journey, especially Mark for believing in this team and the future of VR and AR.

As for me, this will be the first real break I've taken in over 20 years. It's time to recharge, reflect and be creative. I'm excited for the next chapter.


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Gavin SheehanAbout Gavin Sheehan

Gavin is the current Games Editor for Bleeding Cool. He has been a lifelong geek who can chat with you about comics, television, video games, and even pro wrestling. He can also teach you how to play Star Trek chess, be your Mercy on Overwatch, recommend random cool music, and goes rogue in D&D. He also enjoys hundreds of other geeky things that can't be covered in a single paragraph. Follow @TheGavinSheehan on Facebook, Twitter, Instagram, and Vero, for random pictures and musings.
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