# Prof. Anindya Ghose on how Facebook's purchase of Oculus impacts crowdfunding

1 Faculty News March 26, 2014 ![TIME logo](/sites/default/files/styles/246w/public/assets/images/uat_025660.jpg?itok=PFxttUnQ)>

Excerpt from [TIME](http://time.com/39271/oculus-facebook-kickstarter-backlash/) -- “'In the future, donors will be a lot more circumspect and skeptical about putting in money, especially in projects where they could have even an inkling of an idea that this might be bought out by a tech giant like Google, Facebook, or Apple,' says [Anindya Ghose](http://www.stern.nyu.edu/faculty/bio/anindya-ghose), a professor at New York University who studies the crowdfunding sector. 'They do not believe in backing projects for financial, commercial reasons. For them it’s a lot about a cause or altruism.'”

[Read more](http://time.com/39271/oculus-facebook-kickstarter-backlash/)

Additional coverage appeared on [Bloomberg](http://bloom.bg/P6Oth5) and [Bloomberg Businessweek](http://www.businessweek.com/videos/2014-03-27/why-the-kickstarter-backlash-over-oculus).