On enterprise AI startup: CEO resigns, staff laid off after $11M in cash goes missing

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.