Yik Yak was once valued at $400 million and raised $73.5 million in venture funding. Then, it was plagued by cyberbullying on its platform and a dropoff in interest among the college and high school students who used it.  Read more...

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It’s the end of the line for Yik Yak

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Yik Yak has been on its last legs for a while, and now the end is officially here. 

The anonymous, location-based messaging app that rose to popularity in 2014 will “begin winding down” over the next week, Yik Yak co-founders Tyler Droll and Brooks Buffington wrote in a blog post Friday.

Square — yup, the Jack Dorsey-led payments company — acquired some of the Yik Yak engineering team for $1 million. Unsurprisingly, Square didn’t want the app. 

Yik Yak was once valued at $400 million and raised $73.5 million in venture funding. Then, it was plagued by cyberbullying on its platform and a dropoff in interest among the college and high school students who used it.  Read more…

More about Square, Tech, Yik Yak, and Business

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