It's another sad day for our industry but can't say unexpected everything in this world cost money especially when you do VC backing of a product. I hope people see it as a wake up to why more open source things need to exist to help take the burden of such events.
Rec Room is shutting down for good on June 1st
“We never quite figured out how to make Rec Room a sustainably profitable business”
“With the recent shift in the VR market, along with broader headwinds in gaming — we've made the difficult decision to shut things down.”