Same thing happened to Draw Something and Words with Friends. The trick is to get the 9 figure valuation, raise as much funding as possible and then put as much in your pockets before the hype dies down.
HQ Trivia shuts down after acquisition falls through
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Re: HQ Trivia shuts down after acquisition falls through
#12I'm sure death among heroin addicts is common. It's only a matter of time they'll come in contact with a fentanyl laced dose.
Which is a tragedy in itself.
Re: HQ Trivia shuts down after acquisition falls through
#13It almost sounds like a Game of Thrones esque style episode of Silicon Valley. Huge success. Co-founder dies. There was a mutiny to remove the CEO from it's employees Layoffs and now shutdown. This happened all within about a year? (Cofounder passed in December 2018)
How do you successfully co-found a massive hit while being addicted to heroin?
Re: HQ Trivia shuts down after acquisition falls through
#14Re: HQ Trivia shuts down after acquisition falls through
#15It almost sounds like a Game of Thrones esque style episode of Silicon Valley. Huge success. Co-founder dies. There was a mutiny to remove the CEO from it's employees Layoffs and now shutdown. This happened all within about a year? (Cofounder passed in December 2018)
How do you successfully co-found a massive hit while being addicted to heroin?
It's called high-functioning addiction and there are tens of millions of such people (mostly addicted to alcohol).
Re: HQ Trivia shuts down after acquisition falls through
#16This should be surprising to precisely no one. And this is nothing against HQ Trivia (although the founder seemed like a tool [1]) but any sort of format has a shelf life. Long-lasting shows like Jeopardy are outliers. The more typical case is where a given show will play for a few years, people will get bored with it and it'll be replaced by something else. That's really all that happened here. HQ Trivia had a novel…
> Just like Alex Trebek is probably a big part of the reason for Jeopardy's longevity
Off topic, but I do wonder what will happen to their ratings when he retires in the next few years.
The Price is Right pulled it off, their ratings are apparently higher now than they had been, since they started putting clips on YouTube and other types of "millennial marketing".
Re: HQ Trivia shuts down after acquisition falls through
#17I'm sure death among heroin addicts is common. It's only a matter of time they'll come in contact with a fentanyl laced dose.
I had a few friends die from heroin overdoses and that was 25+ years ago. Fentanyl exacerbates the issue but is is easy enough to O.D. without it.
Re: HQ Trivia shuts down after acquisition falls through
#18Re: HQ Trivia shuts down after acquisition falls through
#19This should be surprising to precisely no one. And this is nothing against HQ Trivia (although the founder seemed like a tool [1]) but any sort of format has a shelf life. Long-lasting shows like Jeopardy are outliers. The more typical case is where a given show will play for a few years, people will get bored with it and it'll be replaced by something else. That's really all that happened here. HQ Trivia had a novel…
> Just like Alex Trebek is probably a big part of the reason for Jeopardy's longevity Off topic, but I do wonder what will happen to their ratings when he retires in the next few years. The Price is Right pulled it off, their ratings are apparently higher now than they had been, since they started putting clips on YouTube and other types of "millennial marketing".
Trebek had a strong vision of what the show should be that would be at odds with what most studio execs might prefer. When he's gone, there will be pressure to dumb it down, make the questions easier and more trendy, make it more flashy. If they do that it will no longer be special and will wither away.
Re: HQ Trivia shuts down after acquisition falls through
#20This always happens with products built to focus on short-term engagement instead of driving long-term retention.