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The Fall of 38 Studios
An anonymous reader writes "Boston magazine provides the first reasonably satisfying account of the final year of Curt Schilling's video game company 38 Studios, which was heavily subsidized by a huge loan guaranteed by the state of Rhode Island. During his career as a baseball pitcher, Schilling helped lead three different teams to four World Series, resulting in three championships. He has so far been much less successful as a video game CEO; although he has some of the stereotypical qualities of a successful entrepreneur (passion, energy level, optimism, selling ability), his company seemed utterly lacking in controls, while facing a very tough industry and economy. Schilling apparently regrets the decision to bet the company on an MMO game, but otherwise seems to accept little blame for the demise. His company burned more than $133 million over six years, mostly for headcount, according to an analysis of public documents by Providence TV station WPRI."
Dude, please. Agribusiness, defense and oil, the biggest welfare leeches in America, are all squarely Republican.
"his own money"
SO WHAT??? He NEVER appreciated it in the first place!
And really WHAT DOES IT MATTER to ANYONE that he's broke too? Does the knowledge that HE RUINED HIMSELF TOO make it any better on the others???