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HQ Trivia is dead, according to a report



  HQ Trivia

HQ Trivia is allegedly no longer.


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HQ Trivia allegedly calls it over. According to a Friday report from CNN, the live quiz game for mobile devices will be shut down and its 25 full-time employees will be fired.

The live streaming game, where attendees could turn on their phones twice a day and play for real money, became one of the hottest trends after its launch in 201

7. However, its popularity began to wane the following years. According to the Tower Intelligence company Sensor Tower, the headquarters had around 15 million installations of all time, with a peak of 2 million in February 2018. According to the intelligence agency, the headquarters had only 67,000 installations last month.

The headquarters also had to deal with internal challenges such as the death of co-founder Colin Kroll in December 2018 and layoffs of 20% of its employees in July 2019 .

CEO Rus Yusupov reportedly sent a corporate email on Friday saying, "Major investors are no longer willing to fund the company, and so effectively today headquarters will shut down and go into liquidation . " He also said that the company had consulted a banker to "find additional investors and partners to support the company's expansion," and that HQ Trivia had "received an offer from an established company" and intends to finalize the deal on To be closed on Saturday in advance According to CNN, the possible acquisition failed.

HQ Trivia did not immediately respond to a request for comment.

Originally published February 14 at 3:02 p.m. PT.
Update, 3:14 p.m .: [19454520] Add more details from Yusupov's email. 4:12 pm: [1945452020] Adds information about HQ Trivia installations.


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