It ain't easy being a video game developer. Their creative vision is often stunted by publishers who prefer to fund the safe bets - sequels and licensed games - rather than take a risk on original ideas. Meanwhile a developer's future depends almost entirely on demanding players, known for their capacity to immortalize greatness ... or eviscerate something that fails to meet expectation.
Like I said, it's a tough job. Many don't make it. Granted, many don't deserve to make it, because they design and code uninteresting games. But others - the following five studios for example - simply flew too close to the sun, and failed despite their talent.