| Founded | 2021 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Gaming |
| Collapse type | Sudden Collapse |
| Founder | Jeff Strain |
Possibility Space
"ArenaNet's founder shut down 70 employees in one day with zero severance."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Possibility Space, an indie studio founded by Jeff Strain (founder of ArenaNet and NCSoft West) with $25M from Streamline Media and others, shut down abruptly in May 2024 when Streamline's own financial crisis cut off funding mid-development of an unannounced open-world shooter.
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