The Real Reason Your Favourite Game Studios Are Getting Closed Instead Of Sold

ylai@lemmy.ml to Gaming@lemmy.ml – 182 points –
thegamer.com
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The trouble is the upfront capital though, but at the same time another publisher would surely bite at the thought of getting a talented studio's staff in one go?

If only someone had money from their company being bought by Microsoft

There's absolutely noncompetes baked into that sale. Noncompetes might not be legal, or applicable, torards employees anymore, but they sure as shit are still legal and binding as a condition for a business's sale.

hello welcome to my new venture capital firm: we specialise in funding game studios where 90% of the staff got fired in an acquisition turned shutdown