Against Gravity
Facts
- HQ
- Seattle, United States
- Sectors
- Gaming, Social platform, Software
- Founded
- 2016
Rec Room, Seattle Social Gaming Platform Valued at $3.5B, Shuts Down June 1 Amid Profitability Challenges
Seattle-based social gaming platform Rec Room, once valued at $3.5 billion, will shut down on June 1 after a decade in operation due to difficulties in achieving profitability. This ends the run of one of Seattle's most notable startup unicorns.
GeekWire: eXp Holdings founder Glenn Sanford uses VirBELA virtual world to run distributed teams as COVID-19 makes avatars practical
GeekWire explores how virtual-world platforms like VirBELA, acquired by eXp Holdings, let people meet, work and socialize with avatars—an option gaining relevance during COVID-19 social distancing. Founder Glenn Sanford uses VirBELA to run large distributed teams and demonstrates virtual rituals that replace in-person office interactions.
People
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Nick Fajt Executive, CEO