6waves Lolapps recently laid off 80 percent of the development team. Following that departure, CTO Brian Rue and chief product officer Arjun Sethi both resigned from the company.

“It was especially evident this week as suddenly-former employees banded together to commiserate and find new companies to call home,” said Rue. “I’ve learned more than I could have imagined and look forward to cataloging that over the coming few weeks.”

“With a unique mentality towards quality design and content that eventually led into publishing of third-party games, we figured out how to capitalize on huge opportunities abroad and on mobile platforms,” said Sethi. “Everyone we have hired is an entrepreneur and a leader in their own way. I hope to see multiple new ideas and start-ups emerge because of the type of people and culture we have created over the years.”