3DO Trips GE Capital

CEO hands company a lifeline.

Posted by Staff
3DO Trips GE Capital
Trip Hawkins, games industry mogul and CEO of 3DO games, has loaned the firm $3,000,000 in order to ensure that current development projects come to fruition.

The loan was granted in order to gain support from GE Capital’s investment executive for a loan believed to be around $15,000,000

The news comes some months after Hawkins declared that he would be willing to invest his own cash if it meant that 3DO could continue its Army Men powered development antics.

We’ll bring you news of 3DO’s fortunes as we get it.
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