Let's face it, the writing has been on the wall for a while.
HQ Trivia announced its shuttering Friday in a notification to users that appears to imply that the company is giving exactly zero fucks at this point: “HQ is live. I'm just having fun. We are out of the air indefinitely. "Not even a" thank you for playing, "as the notice goes on to say:
It’s an abrupt end for the once viral live trivia app, which used to be worth more than $ 100 million Dollar and millions of them, had simultaneous players battling for their daily prize pools in the old days of HQ Trivia's heyday of 2018. Increasing complaints about rampant fraud about bots and late payouts for winners have followed the company since then, and its audience numbers have only twisted with the addition of an unpopular point-based system in which fans asked if headquarters had trouble maintaining its cash flow.
On Friday, CEO Rus Yusupov told employees that "major investors are no longer willing to to fund the company, and that the headquarters will be so effective today that it will cease operations and go into liquidation, "according to a company-wide email from . CNN Business . In a recent attempt, the email continued, headquarters previously hired a banker "to find additional investors and partners to support the company's expansion," and they had "even received an offer from an established company." ", the completion of which was planned for Saturday. But these plans ultimately failed, he said according to the report. SOL leaves HQ Trivia and its 25 full-time employees.
"With HQ, we have shown the future of television to the world," tweeted Yusupov on Friday and commented on the company's formwork. "We didn't get where we hoped it was, but we've expanded the world's imagination for what's possible on our smartphones." Thank you to everyone who helped to do this, and thank you for playing. “
And although it's nice to thank the fans for playing, a blatant question that Yusupov and HQ Trivia haven't raised is what happens to the winnings the players haven't paid out yet. Unfortunately, it looks like they are SOL too.
While HQ Trivia did not immediately respond to Gizmodo's request, several fans reported problems while trying to generate revenue. Some users said they received an error message when trying to access their account balance, while others claimed that their account balance was inexplicably zero, erasing the previous total. Some said they had managed to successfully navigate the site and request a withdrawal, but although the app asked for their PayPal information to transfer the winnings, they still haven't received any money.
To Really Make Sense Let me take you back from a steep dive of the company in just a few years.
HQ Trivia was developed by Vine developers Yusupov and Colin Kroll and had a ridiculous viral success after it started in 2017 – to the point where the growing number of viewers made the app practically unusable – after its launch in 2017. In March 2018, the app reportedly hosted 2.38 million players at the same time. The long-established heavy hitters like General Motors, ABC and NBC competed for partnership agreements. Time Magazine classified her as app number one of the year and was even nominated for an Emmy Bros. for her partnership with Warner for The Lego Movie 2.
in summer 2018 However, things were already beginning to turn. As public interest waned (and complaints did not), viewership and the app store ranking continued to decline month after month. In a tweet now deleted Yusupov tried to dispel concerns about the company and said, "Games are a hit business and don't grow exponentially forever." The company also struggled with internal turmoil, including the death of its co-founder Kroll in December 2018 due to an overdose of drugs and later a full-fledged mutiny against Yusupov . Anyone who claimed employees drove HQ Trivia into the ground (looks like they were just right). Severe layoffs last July that restricted a quarter of his employees also signaled that HQ Trivia's finances had deteriorated.
However, for most HQ Trivia players, the company's deathblow came with the departure of fan favorite presenter Scott Rogowsky .
See what happens when you go "Quiz Daddy"? Everything goes to hell.