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Ugobe files for bankruptcy, Pleo facing extinction

Nilay Patel
04.20.09
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Looks like Pleo couldn't dodge that meteor -- everyone's favorite lovable robot dinosaur company Ugobe has laid off all its employees and filed for bankruptcy. That confirms a month of speculation that things were on the brink -- Ugobe's website has been up and down for a while, and a major supplier filed suit a couple weeks ago for nonpayment. There's a chance that some other toymaker will swoop in and pick up the pieces during the liquidation, but we wouldn't hold our breath -- Pleo owners, feel free to commiserate in the comments.

Painful bonus: Link your pics of the Pleo going extinct on our comment form here and we'll make a gallery. C'mon. You know you want to do it.

Gallery: Images of Pleo's extinction | 7 Photos



[Thanks, Andrew]



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In this article: bankrupt, bankruptcy, legal, pleo, ugobe
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