HQ Trivia: HQ Trivia app close down after the failure of acquisition and declining popularity

HQ Fact produced a name for itself facts video games supplying cash rewards that were real, however rate of interest in the program has actually lessened. Business has actually introduced it is closing down as well as quiting all procedures.

Initially reported by TechCrunch as well as CNN Organization, HQ Fact had an offer established to be acquired, however the customer backed out in the nick of time. Financiers were not inclined to fund the video game requiring the closure.

Founder Rus Yusupov and also Chief Executive Officer cleared up all HQ Fact employees the scenario.

We got a deal from a tried and tested business to acquire HQ as well as maintain constructing our sight, had clear-cut plans as well as lawful docs, together with a predicted closing day of tomorrow as well as for factors we’re still exploring, they instantly altered their setting as well as in spite of our ideal efforts, we were unable to attain a contract.

Sadly, our financiers are prepared to fund business, HQ will certainly quit procedures as well as continue to dissolution efficient currently. Service providers and all workers will certainly be ended already.

HQ Fact had actually enhanced over $15 million and also came to a head in appeal with over 2.3 million simultaneous players as well as greater than 15 million installations. Nonetheless, there was anger versus Yusupov. Over half of this start-up’s workers authorized a demand to generate Yusupov from business in April of this previous year.

With downloads diminishing as well as brand-new endeavors — as well as obviously that the ousting of preferred host Scott Rogowsky– HQ Fact ignored to maintain the energy it had actually developed in its establishing. Fact video gaming on your apple iphone, along with cash rewards, is a facility, yet the firm side of points was not there.

Leave a Comment