Seems that strange that valve layoff people and Is thinking to launch new VR product soon. More likely the will subsidize the hole thing to HTC and bye bye Pimax valve tracking. Inside and out tracking is getting the market on the lower segment
This mind set is not for good companies, you go on the next iteration and prepare correction often required when you release the first version of a product. Do you honestly think valve you get rid of qualify and rare technical staff if the thinked high end VR was a big market in a forseable future…
Even Microsoft admitted the low end market is deceiving and is putting much more efforts on AR…