thatgamecompany, the developer of excellent PlayStation 3 oddities flOw and Flower, was bankrupt when it shipped Journey last year.The company was forced to burn through backup resources after deciding to spend an extra year on Journey's development, co-founder Jenova Chen explained during a presentation at DICE 2013 (thanks, Strategy Informer).
"A lot of people weren't paid," he said. "We also went bankrupt as a company."
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