Damn, i did not know Ouya was still relevant. I had assumed that the idea had fallen down to obsolescence land. Jokes on me though, they just pulled in 10M.
After raising 33M from VCs, a 10M exit leaves everybody with nothing… Likely, the investors got some cash for the IP, and the rest went into retention bonuses.
In my experience with acquihires the employees usually end up with a pretty nice package of RSUs, while the VCs take a huge loss. They don't make money on the exit, but they do well.
Man I'm just happy that i got my 100 bucks back from backing that god forsaken console.. also learned how to sell things on amazon, that was a cool experience.
So in a way i guess i got my money back from the "investment".
I'm not sure where they saw it, as I can't find the source either. The only $10M value I saw was an investment from Alibaba. I did find this though, but we don't know if $10M was the final value: http://venturebeat.com/2015/06/15/razer-grabs-the-struggling...
