HQ Trivia, the Once-Popular Mobile Game, Is Shutting Down
CNN Business has realized that the once-popular stay cell trivia sport “HQ Trivia” is shutting down. From the report: When HQ launched in 2017, its first sport HQ Trivia rapidly attracted hundreds of thousands of individuals throughout the world who stopped no matter they have been doing twice a day to play the sport on their smartphones. The firm was profiled by The New York Times and its authentic host Scott Rogowsky grew to become a family title, showing on packages like NBC’s “Today” present. But over the subsequent yr, the sport’s reputation pale and its mum or dad firm was hit with a collection of setbacks. The firm grappled with inside turmoil, together with the dying of HQ cofounder Colin Kroll, who died in December 2018 from a drug overdose.
CEO Rus Yusupov stated in a company-wide e mail on Friday that “lead investors are no longer willing to fund the company, and so effective today, HQ will cease operations and move to dissolution.” In the e mail, which was obtained by CNN Business, Yusupov additionally disclosed that the firm had employed a banker “to help find additional investors and partners to support the expansion of the company.” He stated the firm had “received an offer from an established business” and was anticipated to shut the deal on Saturday, however the potential acquisition fell by way of.