https://finance.yahoo.com/news/oculus-announces-cord-free-oculus-go-199-174023208.html

For Oculus, the Go is an incredibly important new piece of hardware as it competes in an increasingly crowded market. The Oculus Go hits a sweet spot Mark Zuckerberg emphasized was necessary: it’s a relatively affordable piece of hardware meant to offer up competitive features.

The Go will also play a pivotal role in Zuckerberg’s new goal of getting 1 billion people in virtual reality.