We do happen to have fond memories of the Ouya, especially since this is one particular game console that began its life as a Kickstarter project a few years ago, and along the way, there were enough people who had faith in the Ouya game console to see the $8.5 million raised, and then some. However, the company did not take the road well traveled when it came to its business directions, since the game inventory was made available for Android devices, whereas before this, it was limited to just Ouya consoles.
The leaked internal memo is touted to hail from company CEO Julie Uhrman herself, where it cited that “the company had failed to satisfy one of its investors’ conditions and that renegotiation over the debt had been unsuccessful.” Going on about upcoming developments, it has been rumored that Uhrman did mention that “We are looking for expressions of interest by the end of this month.” Does this mean that the Ouya console will be no more? Only time will tell.