Oculus Deal Said to Deliver 20-Fold Return to Spark, MatrixSerena Saitto
Spark Capital invested in Oculus VR Inc. in June after the firm’s partners bought the company’s virtual-reality goggles online. The bet ended in a 20-fold gain following Facebook Inc.’s agreement yesterday to buy Oculus for as much as $2.3 billion, said people with knowledge of the deal.
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