It’s a good read. I knew the general story of course, but this is a bit more detailed then the version I’ve been told. Here’s an excerpt:
To fund their venture, Deal and his three partners (excluding Fries) each anted up $6,000. The $24,000 start-up fund, he hoped, would carry them until they got a contract. Until they found a publisher, each member (and their families) had to live off savings. The team met anywhere they could, from coffee houses to the nearby public library. “We started small and built slowly,” said Deal.
Read the whole article here: How Airtight Games started a console game studio with just $24,000