Y Combinator’s Garry Tan Goes to the MatRead more

Attendees at Facebook's 2019 Connect event gather around a Horizon display. Photo: Bloomberg

How Long Will the Wait for Facebook’s Horizon Worlds Be?

Photo: Attendees at Facebook's 2019 Connect event gather around a Horizon display. Photo: Bloomberg

It’s Wayne Ma, filling in for Mat, who’s dealing with another project today.

It’s the week of Facebook Connect, one of the most anticipated weeks in the VR/AR calendar. Some might be hoping for news of the next model of the Oculus Quest, new games or even better smart glasses. For my part, I’m hoping Facebook will finally reveal when Horizon, a social app where people can create games and experiences to share in together, will finally come out of the closed beta it’s been in for the past two years. 

This is no small matter. If Facebook CEO Mark Zuckerberg really hopes to move Facebook into the metaverse, he needs to have a VR social app that works. Certainly, when Facebook first announced the Horizon VR platform in September 2019, I thought it might eventually be the killer app for the Oculus Quest that could compel users to buy the device. After all, who wouldn’t want to participate in a shared virtual universe akin to the Oasis in the film “Ready Player One?” 

Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations.
From left to right: Blair Effron, Robert Pruzan and David Handler. Photos by Getty; Tidal Partners.
Exclusive Finance
Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams
The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.
Art by Clark Miller
Exclusive startups entertainment
MasterClass Takes a Crash Course in Frugality
MasterClass had a problem with the shoot featuring its latest star instructor, Walt Disney Co. CEO Bob Iger.
OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. Photos via Getty
Exclusive microsoft ai
How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI , the startup Microsoft funded in exchange for the right to use its cutting-edge technology.
From left: Paul Graham, Garry Tan and Michael Seibel. Photos by Getty. Art by Mike Sullivan.
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event.
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
Exclusive startups ai
Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company.