RIP HQ Trivia

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teapot37
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Re: RIP HQ Trivia

Post by teapot37 »

Originally they had a lot of advertising and sponsored games. I think they were hoping that people paying for lives and coins would pay for the jackpots, but that proved to not be the case.
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talkingaway
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Re: RIP HQ Trivia

Post by talkingaway »

Looks like Rus got on Twitter this morning and suddenly found a new home/buyer for HQ. Call me skeptical. He asked for suggestions going forward. I'm sure "find a new CEO" is on the top of the list.
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Volante
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Re: RIP HQ Trivia

Post by Volante »

talkingaway wrote: Tue Feb 18, 2020 12:09 pm Looks like Rus got on Twitter this morning and suddenly found a new home/buyer for HQ. Call me skeptical. He asked for suggestions going forward. I'm sure "find a new CEO" is on the top of the list.
I'd say "Find a sustainable business model that doesn't require constant investor cash" as #1 (which could, and probably should, include new CxO leadership...)
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BobF
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Re: RIP HQ Trivia

Post by BobF »

Bamaman wrote: Tue Feb 18, 2020 5:59 am I never understood their business model. How did they pay for those prizes?
They got $15 million startup funding from investors who saw its potential. If they had followed KISS (keep it simple stupid) and kept the 12 question format they would probably have lasted longer. At least through the weekend.
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