Yik Yak, once valued at $400 million, shuts down and sells off engineers for $1 million

Yik Yak, an anonymous messaging app for college students, announced today that it would finally be shutting down. The app first launched back in 2014 as a way to discretely communicate with others nearby, and it took off quickly for its gossip-centric role in American universities.

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Image courtesy of: Nick Statt

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