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…