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Fast Company1 min read

Rec Room is shutting down, despite the popular...

School is out for Rec Room: The social gaming platform announced on Monday it is shutting down this June, despite “reaching over 150 million players and creators along the way” since its founding in 2016. “Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in a statement. “Our costs always ended up overwhelming the revenue we brought in. “We spent a long time trying to find a way to make the numbers work.” “But with the r
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Stratechery is on a bit of a disjointed Spring Break, as my usual week off will be spread out: I will return to my usual posting schedule on Tuesday, March 31. All other Stratechery Plus content, including my podcasts, will stay on schedule.

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