Mighty Coconut Update

This is an incredibly hard message to write, but I want to continue to be transparent with the Walkabout community. Due to the current state of the games industry and especially VR, Mighty Coconut will need to downsize, and over the next several months we will be saying goodbye to 10 talented people who have helped make Walkabout what it is.

For anyone who has been following the games industry, VR in particular is going through a very rough time. I am confident that VR will continue to be an amazing medium, but it is going through a massive and rapid shift as funding, hardware and press attention have largely been diverted elsewhere. While we already downsized last January, I failed to anticipate just how rapidly and deeply this trajectory would continue. The amazing courses and worlds created by our talented team have allowed us to fare better than many studios who have had to close completely, but without a steady stream of new players coming into VR and Walkabout, the scale at which we've been operating is no longer sustainable.

For our fans, I just want to continue to reassure you that Walkabout isn’t going anywhere. We will continue to release courses, although these might be a little less often due to the reduced team size that returns us to the small and scrappy way we started. We also plan to continue work on Walkabout Dungeon Golfer and Grass as new games are the best way to diversify our revenue stream and stabilize things. While incredibly painful, this is the only course of action that allows us to keep the game alive, the servers active, and hold on to as much of our team as possible.

For anyone in the game industry looking to hire some of the best people around, we are putting together a reverse-recruiting list with several talented individuals who are looking for an opportunity. You won’t be disappointed.

Sincerely,

Lucas Martell