3 Medien·3 Berichte
Social gaming platform Rec Room, once valued at $3.5B, is shutting down
Rec Room, a Seattle-based social gaming platform, will shut down its service on June 1. The company was valued at $3.5 billion in December 2021 and had 150 million players and creators. Rec Room said high operating costs and broader gaming headwinds, including shifts in the VR market, made a path to profitability impossible.
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Wie berichtet wurde
- TechMeme·Social gaming startup Rec Room is shutting down its service on June 1, saying it could not find a path to profitability; it was valued at $3.5B in December 2021 (Todd Bishop/GeekWire)
- The Verge·150 million users later, Roblox competitor Rec Room is shutting down
- TechCrunch·Social gaming platform Rec Room, once valued at $3.5B, is shutting down