Infinium Labs - trouble ahead?
Published February 29, 2004
Many thanks to the great Penny Arcade for drawing my attention this piece on Infinium Labs, the company behind currently-in-development uber-console Phantom. If you're not a gamer, it's just possible you've heard of the Phantom (and possibly Infinium Labs), and if you ARE a gamer you really should have heard of it by now. Anyway, Infinium Labs are spinning the usual kinda pitch to various gaming news sites and magazines about how their console will be the best, etc., but strangely it appears that [H]ard|OCP is the first to take a look beyond the hype and press releases. They also, so they say, didn't have to look hard or far to find the info in their article, and yet Infinium seem mighty annoyed that anyone would dare posting such publicly-available material. The article is centred on Infinium Labs CEO Timothy Roberts, who appears to have been heavily involved with (and in some cases, to have run) a number of businesses that have failed or gone bankrupt in the last six years.
From the article:
"We figured the best, and presumably most accurate, source of
information about Mr. Roberts would be his own website. The link sends you to a cached page on
Google. We decided to use cached pages for our links to present to you the
information as it appeared at the time of our research, in the chance the site is
updated or altered after this article is published. A quick look at the site shows
Mr. Roberts occupying eight different CEO/Director positions over the last eight
years:
Infinium Labs Corporation
Chairman, CEO 2002-currentWanforce, LLC
Director 2002-currentEmedhire, LLC
Director 2000-currentBroadbrush Coatings, LLC
Financial Backer 1999-January 2003Broadband Infrastructure Group Corporation (BIG)
Investor, Founder, CEO, Chief Visionary Officer & Director 1999-2000Intira Corporation (formerly Digital Broadcast Network (dbn)
Founder, CEO, COO, Officer & Director 1997-1999Phoenix Networks
Investor, Director 1997-1999Skyscape Communications (Toronto, Canada)
Consultant - 1997 3 MonthsSAVVIS Corporation
Co-Founder, CTO, COO, Officer & Director 1995-1997"NOTE: the pictures on the cached site don't load. This could well mean the actual site that it is a copy as been changed/taken down
I don't want to post the whole article, so i'll post the main bits of the last three sections:
"Broadband Investment Group Corporation (BIG)Next on the list was Broadband Investment Group Corporation (BIG). Mr. Roberts' website presented us with this information:
Broadband Infrastructure Group Corporation (BIG)
Investor, Founder, CEO, Chief Visionary Officer & Director 1999-2000Founded technology and business enterprise to mentor 10 early-stage broadband technology companies. Grew companies from start-up of 5 employees to 207 employees.
A quick search on Google finds that BIG went bankrupt. According to this article, they lived the high life on investors' money and then left investors hanging for more than $15 million dollars:Broadband Infrastructure Group, which billed itself as BIG, was launched in early 2000 by Tim Roberts, a co-founder of Savvis Communications, and Patrick Smith, a former Emerson employee. The plan was to nurture tech companies and develop a range of communications businesses. The company moved into the former WorldCom building on Highway 40 and employed nearly 200 people at its peak. Broadband executives lived the high life, sponsoring race cars in the Indy 500 and other races, hosting Hollywood parties, buying an interest in an airplane and making thousands of dollars worth of improvements to a $35 million headquarters. But last November, the tech venture went bust. By then it had burned through more than $15 million of investors' money, including some from several St. Louis Cardinals owners. Roberts could not be reached for comment.
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- Infinium Labs - trouble ahead?
- Published: February 29, 2004
- Type:
- Section: Culture
- Writer: Jon Downs
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