On, an enterprise AI startup previously known as GameOn Technology, has laid off all of its estimated 60 staff members after allegedly discovering that $11 million in cash was missing.
On CEO Alex Beckman resigned, allegedly under pressure. A letter to shareholders from other company officers alleged they discovered to their “shock and horror” that only 37 cents was left in an account that was supposed to have $11 million. As GameOn, the company previously said it had raised $35.5 million.
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