I met some of my best friends in VR, and had life-changing social interactions in some VR games on the Oculus platform... Especially EchoVR. I'm still a true believer in VR as a medium. It'll go mainstream one day, and there will be a Meta-sized company built upon it.

They had lightning in a bottle and somehow lost it. Honestly it might have been hiring Carmack that sent them down this path. Moving away from PCVR expanded the market, but it also killed the magic. Now the quest store is a wasteland of what look like low budget mobile apps.