Andreessen-Backed TinyCo Lays Off 27 Employees
TinyCo, a mobile game developer that landed funding from Andreessen Horowitz, is laying off 27 employees as it moves toward a new strategy. The company says it will outline its new plans in the coming weeks.
“We’ve moved 10 steps forward on executing a specific strategy around how we build games and what games we build. To execute against this strategy, we decided to consolidate game development out of our SF office and reduce our staff,” said CEO Suleman Ali in a statement. “Laying people off sucks, especially since TinyCo has always been a breeding ground for great friendships. We’ll provide more updates, including a game launch, in the near future.”
It sounds like they’ve laid off employees based in both San Francisco and Argentina.
TinyCo was pursuing a strategy comparable to what Zynga did to grow presence on the Facebook platform.
TinyCo built games around proven concepts like Tiny Chef, a restaurant simulator, or Tiny Monsters, where players raise baby monsters. Early on, they had multiple top-ranking titles in the top 100—Tiny Monsters, for instance, held onto a spot in the top 100 US iPhone games for more than six months last year. This year wasn’t quite so successful for them, though, with their top ranking title being VIP Poker, at #272.