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Once Valued at $1.8B, OnLive Was Sold For Only $5M

Posted by ryuzaki0 on from the how-the-mighty-have-fallen dept.

gabebear writes with details of what happened to OnLive back in August: "In a firesale, OnLive, which was once valued at $1.8bn, was sold for practically nothing. Workers are mostly losing their jobs and stock options and investors are having to write off their investment." More details.

2 of 168 comments (clear)

  1. Re:Surprise by Anonymous Coward · · Score: -1, Offtopic

    No surprise.

    But I did learn the Price is Right gameshow just got their first male model.

    I guess it wasn't totally unexpected. About the gameshow I mean....err, or are we talking about OnLive again?

  2. *Yawn*. by DerekLyons · · Score: -1, Offtopic

    Obvious and ignorant comment is obvious and ignorant.