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Canada’s “Disrupted”, eh
The inaugural post of this blog was a review of Dan Lyon’s “Disrupted”, which put a point to the unicorn economy, where money losing companies crowd out real businesses by sucking up all the oxygen in the space.
That bubble ha…
Mad Catz delisted from NYSE, files for Chapter 7 bankruptcy
Peripheral maker Mad Catz has thrown in the towel after unsuccessfully scouring for (pick one), bank financing, an equity infusion or sale of assets. Apparently after enjoying a fairly solid business as a peripheral and game controller manufacturer during the Playstation Era, the company tried to expand into publishing with an ill-fated JV with Harmonix to release Rock Band 4. The rest is, as they say, history, but in a more literal and fatalistic sense….
Munchery is over.
On demand food delivery start-up Munchery is bankrupt and shutting down effective immediately. They’ve burned through $125 million in VC, their last round was $87 million in 2015 at a $300 million valuation.
Apparently the early effects of this …
