The 'red flags' of 38 Studios' demise
The collapse of 38 Studios has put the state of Rhode Island in a precarious position. The government offered substantial loans to Curt Schilling's company. Following its bankruptcy, fingers were pointed: who's to blame?
A lengthy feature on The New York Times details the rise and fall of 38 Studios, and how both parties involved bit off more than they could chew. Schilling didn't properly anticipate the challenges of game development, let alone MMORPG creation. Rhode Island, eager to reinvigorate its economy with tech jobs, dove head-first into an investment that had "red flags" from the get-go.




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