On the shutdown of Glitch, emphasis mine:

The closure was brutal, Butterfield says. He couldn’t make it through 60 seconds of telling his employees that the game was over without getting upset. Tiny Speck had money left over from VC investment, and paying that back would’ve made economic sense.

Instead, Butterfield and a skeleton crew of Tiny Speck let about 30 employees go, but spent a chunk of the VC money and a solid month finding every exiting employee a job--a move this reporter has never seen in any startup. Then the scrappy studio hearkened back to its Flickr invention and took a hard look at what they could turn into a product.

Much respect.