Topic: financial struggles
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Cyan Games, Creator of Myst, Lays Off Staff in Latest Cuts
Cyan Worlds has conducted a second round of layoffs since March, with 14 employees listed in a public document, though the total impact may be larger. The studio cited financial struggles and industry challenges as reasons for the cuts, aiming to ensure long-term survival while seeking funding fo...
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Rork’s Founders Went Viral, Raised $2.8M from a16z
Rork's founders, Levan Kvirkvelia and Daniel Dhawan, transformed near-failure into success by securing $2.8 million in seed funding after a viral tweet highlighted their no-code mobile app builder. A $100,000 investment from Austen Allred sparked rapid funding, including backing from Andreessen H...
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Meet Soham Parekh: The Serial Moonlighter Silicon Valley Loves
Soham Parekh, a software engineer, sparked controversy by allegedly working multiple full-time jobs simultaneously without employers' knowledge, leading to warnings from CEOs like Suhail Doshi of Playground AI. Parekh's case stood out due to his ability to excel in interviews and secure roles at ...
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