HQ Trivia, a once-popular internet game show, laid off around seven people this week, bringing the company’s total number of current employees to less than 30, TechCrunch reports. The layoffs follow a series of troubling developments for the company, which raised $15 million from venture firms including Founders Fund and Lightspeed Capital last year at a valuation of $100 million.
Co-founder and CEO Colin Kroll died in December. His co-founder Rus Yusupov took over but he has not proved popular among employees, TechCrunch earlier reported. Meanwhile, HQ Trivia’s audience has dwindled in recent months.
According to Sensor Tower data cited by TechCrunch, the gaming app’s monthly downloads have fallen 92% compared to the same time last year. The decline is another reminder of how the buzz over hit apps can quickly vanish.