OnLive Buyer Revealed

Venture capitalist group Lauder Partners, LLC – helmed by long-time tech investor Gary Lauder – is the group behind OnLive's new incarnation. OnLive representatives announced this morning that Lauder Partners' Gary Lauder is the "very accomplished and well known venture capitalist" that's helping bail out the cloud streaming service. CEO Steve Perlman spoke of Lauder in vague terms during the company's final meeting late last week.

The new company will retain "almost half" of the original staff – OnLive employed approximately 150-200 during its height, and laid off over half of its employes last week when it declared a form of bankruptcy (ABC). Said employees will retain their current salary level in the new company; executives are said to be receiving "reduced compensation" from the transaction (as to retain more employees), and CEO Steve Perlman is apparently receiving nothing from the transaction. It's unclear why any executives would be receiving compensation from the transaction in a moment where so many staff are being let go.

OnLive reaffirmed that "users should see no change in the OnLive Game or Desktop Services," and that "all of their purchases remain intact and available." The announcement also provided updated stats on OnLive's userbase, which "has over 2.5 million subscribers, with an active base of over 1.5 million subscribers."

[pic] Microsoft. Please.

I don't think anyone said it was going to be Microsoft, just that it could have been Microsoft. That's the thing about speculation: it's speculation.

Microsoft got em

[pic] niccas didn't believe.

DIO said so, but I guess his "sources" were wrong. [pic]

I think only you, Kuruption and Ill One cared. [pic]

I think only you, Kuruption and Ill One cared. [pic]

Don't flatter yourself smiley king. It's an internet forum. I don't care about M$, Ill, you or the next man. I just have a good memory.

Don't flatter yourself smiley king. It's an internet forum. I don't care about M$, Ill, you or the next man. I just have a good memory.

Real talk right here [pic][pic][pic]

But we're all just !!ing around, except Ill, that nicca said he hates me [pic]

[pic]

Another smiley. Cool. Not Really.

I never said so.. I said that was the RUMORS i was hearing... if you're going to try to diss me at least get your facts straight about what you are speaking on...

Also I NEVER mentioned my sources at all...i said I was hearing that it was i even posted a couple websites who thought the same thing I was hearing...so sit your two dollar[..] down before I make change

I never said so.. I said that was the RUMORS i was hearing... if you're going to try to diss me at least get your facts straight about what you are speaking on...

Also I NEVER mentioned my sources at all...i said I was hearing that it was i even posted a couple websites who thought the same thing I was hearing...so sit your two dollar[..] down before I make change

Did he really?

Stop sucking Sony's !! and learn to !!ing take a joke...matter of fact Don't reply in ANY of my threads or to anythign I say...I !!ing hate you


yes they would say they were fan made or fake especially since THEY put it up themselves...they won't pass around fan art without saying it's fan art and giving credit to who made it...

[pic] If you say you are hearing something you are basically mentioning you have sources.

[pic]new company