I worked at a startup making a (ps3 and xbox360) AAA game. It was bought up by a company specializing in buying multiple smaller game companies and then taking

I worked at a startup making a (ps3 and xbox360) AAA game. It was bought up by a company specializing in buying multiple smaller game companies and then taking investment from larger investors. It would use the money for another small company, increased the valuation and do another investment round. At some point, it all collapsed, the owner going to jail. If it didn't collapse due to financial mismanagement, we would fail due to our own incompetence :)