38 Studios: Curt Schilling's Crony Capitalism Debacle
Posted in the Major League Baseball Forum
Since: Nov 12
#1 Jan 3, 2013
The 2012 bankruptcy of Rhode Island-based video-game developer 38 Studios isn't just a sad tale of a start-up tech company falling victim to the vagaries of a rough economy. It is a completely predictable story of crony capitalism, featuring star-struck legislators and the hubris of a larger-than-life athlete completely unprepared to compete in business.
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