SALES PITCH

Curt Schilling’s Video Game Collapse

38 Studios folded this week.

Baseball’s three strikes are a handy metaphor, but in life it takes just one. After receiving millions of dollars from the state, the videogame company owned by former Boston Red Sox pitcher Curt Schilling seems to have all but closed down after a lackluster meeting with Rhode Island politicians earlier this week. The company had failed to make a payment of more than $1 million to the state in the week before, and Schilling needed to make a strong case to save his company—but he couldn’t pull it off. After years in the making, 38 Studios folded within a matter of days, laying off all its employees, nearly 400 people, on Thursday.