HQ Trivia Live Game App Shuts Down

Discussion in 'Gaming News Discussion' started by Calliers, Feb 15, 2020 at 3:05 AM.

  1. Calliers

    Calliers Just got off the hedonic treadmill... Staff Member

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    After a two and a half years, HQ Trivia — the live game-show app that gave away cash prizes to winners — is shutting down.

    HQ Trivia’s move to shut its doors was first reported by CNN. The company is laying off its 25 full-time staffers, according to the report.

    In a tweet Friday, CEO Rus Yusupov commented on the shutdown, writing, “With HQ we showed the world the future of TV. We didn’t get to where we hoped but we did stretch the world’s imagination for what’s possible on our smartphones. Thanks to everyone who helped build this and thanks for playing.”

    Yusupov, in a memo to company staff Friday afternoon, said HQ had received an acquisition offer from an “established business” but at the last minute the buyer backed out, per CNN’s report. The company’s investors were “no longer willing to fund the company, and so effective today HQ will cease operations and move to dissolution,” Yusupov wrote.
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