What it looks like for a founder to lose his last fuck
The co-founder of a nascent game studio learned of a significant internal leak when a reporter called him for comment. He notified his publishing partner who responded to the leak by cutting funding. Then, after breathing what I'm sure were a series of very deep, very audible sighs he decided to say, "fuck it," and close the whole damn studio:
As a result of the cancellation of the publishing relationship and after careful consideration, I am closing Possibility Space. Today is your last day of employment at Possibility Space and Prytania Media. Your final paycheck including pay for work through the end of today will be deposited to your account, along with any other required payments, as dictated by your work location.
And exit the industry while he's at it:
As of today I am stepping away from the game industry to focus on my family and care for Annie [Delisi Strain]. I wish all of you the best as you navigate this complex industry and the challenges and opportunities ahead.
In a recent episode of Breaking Change I talked at length about why the "AAA" gaming industry is falling apart before our eyes, so reactions like this don't seem so unreasonable to me. I've been wondering aloud for my entire career why the hell anyone gets into the gaming business when virtually everyone involved could make an order of magnitude more money working half as many hours doing literally anything else involving software. Now that the free money spigot has been shut off, investors are starting to realize the same thing and are looking for any plausible pretense to pull the plug.
I'm sure the journalist named in the piece (incidentally, by his own employer, via this article) doesn't feel awesome that his reporting indirectly led to his sources losing their jobs. And the fact he apparently never bothered to contact Annie Delisi Strain—the rare-for-the-industry woman CEO currently on medical leave—for comment is certainly a bad look. But he's probably got enough to worry about, considering that one of the few industries closer to the brink of collapse than games is games journalism.