After a two and a half years, HQ Trivia — the stay game-show app that gave away money prizes to winners — is shutting down.
HQ Trivia’s shutdown was first reported by CNN. The corporate is shedding its 25 full-time staffers, based on the report. Reps for the corporate didn’t instantly reply to a request for remark.
The app was launched by mum or dad firm Intermedia Labs in August 2017. At its peak HQ Trivia — which spawned a rash of copycats — had attracted some 2.three million stay viewers, every seeking to earn a bit of a steadily rising pool of prize cash for answering 12 trivia questions appropriately. At one level HQ Trivia’s complete prize pot hit $250,000 in a recreation sponsored by Warner Bros. “Prepared Participant One.”
HQ managed about 15 million all-time installs, peaking at 2 million in February 2018, based on analysis agency Sensor Tower. In January 2020, the app had simply 67,000 installs. The corporate additionally launched offshoot apps, together with HQ Phrases and HQX, a stay photograph competitors through which gamers voted on the perfect submissions in numerous classes.
Intermedia Labs was co-founded by Rus Yusupov and Colin Kroll, two of the creators of Vine, which Twitter acquired in 2012 after which shut down 4 years later. In December 2018, Kroll was discovered lifeless in his New York Metropolis condo of an obvious drug overdose. The corporate had been led by Yusupov.
In 2018, Intermedia raised $15 million in funding led by venture-capital agency Founders Fund, with participation from Lightspeed Enterprise Companions, which beforehand invested seed cash within the startup.
HQ Trivia had inked advert offers with a number of leisure firms, together with Fox, Warner Bros., NBC and Common Footage, in addition to Google, Nike, Goal, JPMorgan Chase, and MillerCoors.