Instant Alert: How Palmer Luckey, the tech CEO who sold his startup to Facebook for $2 billion, became the company's black sheep

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How Palmer Luckey, the tech CEO who sold his startup to Facebook for $2 billion, became the company's black sheep

by Julien Rath, Jillian D'Onfro and Madeline Stone on Mar 31, 2017, 8:52 AM

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Palmer Luckey isn't your average 24-year-old. 

He founded Oculus VR, the headset company that's been described countless times as the future of virtual reality.

Facebook, which acquired Oculus for $2 billion in 2014, sees its software as the big computing platform of the next 10 years.

Luckey was on a path to greatness as the face of the social media company's VR business.

But after less than three years, Facebook has announced Luckey is leaving the company

Here's how he went from tech darling to Facebook outcast:

SEE ALSO: The fabulous life of Snap CEO Evan Spiegel, who just took his company public at a $33 billion valuation

Luckey was born in Long Beach, California on September, 19, 1992. His father Donald was a car salesman and his mother, Julie, a stay-at-home mom who homeschooled Luckey and his three younger sisters.



Throughout his childhood Luckey loved to tinker with electronics, building his own computers or gaming devices.

Source: Popular Mechanics 



For a while, he became fascinated by lasers and burned a small blind-spot into one of his retinas while experimenting with them.

Source: Vanity Fair 



See the rest of the story at Business Insider


 
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