Submitted by Accomplished-Sky-289 t3_zrrvfk in wallstreetbets
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Tyr312 t1_j14bywp wrote
No. If you read his full post he confirms that META is positioned at the forefront of VR. Their headset works and so does the software. Carmack wanted more graphic utilization and graphic performance since that’s his stick. He likes to code for graphical optimization and pushing rendering efficiency.
VisualMod t1_j14b9x2 wrote
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borknar t1_j14bpca wrote
Investors hate the VR capex so it might be taken as a positive
ILikeCutePuppies t1_j14oght wrote
I wonder how much they were paying Carmack? Maybe his META stock falling was the last thing nessary to push him to finally leave completely.
borknar t1_j14pz0g wrote
Probably true
audioaxes t1_j14d4f7 wrote
He already had a reduced role before resigning so I doubt it's a big direct impact. But the optics are definitely a blow to the general sentiment of META.
This_Professor8379 t1_j14iwkm wrote
The general sentiment in meta is more or less equivalent to a hangover after a long weekend in Tijuana so I really don't think there will be much negative impact here
ILikeCutePuppies t1_j14nsr0 wrote
John Carmack was already at a reduced role and it appears that much of his advice which was mostly about what they should optimize was not being made a priority. Optimization got VR to the point of usability but it is unclear if it's still the most critical path.
Although Carmack had a few ideas he always said he didn't know what the right direction to take was. So I don't think his value was that critical, particularly with his reduced role other then for hiring. Also they still have Michael Abrash.
VisualMod t1_j14bajy wrote
>John Carmack's departure from Meta will likely have a negative effect on the company's stock value. He was one of the key figures at Meta and his leaving could signal trouble for the company. Other investors may be concerned aboutMeta's future without Carmack, causing them to sell their shares. This could lead to a drop in the stock price.