HQ Trivia gameshow app is shutting down after two years of operation
Every infrequently, a brand new cell app turns into well-liked seemingly in a single day, akin to the rise of Flappy Bird or Trivia Crack. HQ Trivia rapidly rose to prominence after it was launched on iOS in 2017, and solely turned extra well-liked after its Android debut in late 2017. Sadly, the app is no extra, as the corporate behind it is shutting its doorways.
CNN is reporting that HQ, the corporate behind the favored trivia recreation, is unable to boost extra funds from traders to maintain operations going. “Lead investors are no longer willing to fund the company, and so effective today, HQ will cease operations and move to dissolution,” CEO Rus Yusupov stated in a company-wide e-mail.
The message additionally explains that HQ employed a banker to assist “help find additional investors and partners to support the expansion of the company,” and whereas a purchaser was discovered, the deal fell aside on the final minute. HQ’s monetary woes seemingly stems from the Trivia app dropping a lot of its reputation over the previous 12 months — public curiosity has been on a gradual decline since mid-2018, in keeping with Google Trends. There was a spike in searches for the app in late 2018, however that was as a result of co-founder’s demise in December.
Google searches for ‘HQ Trivia’ since 2017
HQ nonetheless had 25 full-time workers on the time of its closure. I want HQ’s workers the very best of luck of their future endeavors, and on the brilliant facet, having one of the most well-liked cell apps in current historical past on a resume is not too shabby.