Saturday, March 24, 2012

6waves Lolapps’ CTO Rue and Chief Product Officer Sethi Step Down

arjun-sethiJust a few days after social gaming company 6waves Lolapps said it was laying off most of its development staff to focus on publishing, its chief product officer Arjun Sethi and chief technology officer Brian Rue have stepped down. 6waves Lolapps was born last July out of a merger between a Facebook game developer Lolapps and a publisher 6waves. The publisher had been instrumental to the success of Lolapps' hit Ravenwood Fair, which was considered one of the best games on the platform in late 2010 and early last year. Clearly, the merger didn't work exactly as intended. But with the deal, 6waves Lolapps picked up some valuable technology that helped boost revenue per day from players across the publisher's network of titles. Sethi said his resignation after more than four years at the company was planned ahead of the layoffs.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/a7o-ELRo6cA/

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