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The $197,000 increase in operating expenses related to:

* $145,000 in increased product development costs incurred to develop
additional company owned proprietary titles for the PC, Nintendo DS
and Wii game platforms with worldwide rights for retail and Internet
distribution as well as international licensing opportunities; and a
* $52,000 increase in other operating expenses such as consulting and
salary related costs for our Read the rest of this entry »

The MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association came out this morning. It shows that total VC financings in the third quarter were down 7 percent compared to the same period last year, to $7.1 billion. That is also down about the same amount from the
. In the chart above, I’ve plotted the dollar value of VC investments for each third quarter going back to 2001, coming off the last boom, when $8.3 Read the rest of this entry »