I thought it already died ➡ R.I.P. Color App http://t.co/Q7SdEhbt
October 18, 2012
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Color, the much-hyped startup that raised a whopping $41 million in a first round of funding, is shutting down its flagship video-sharing app just a year after it launched, according to VentureBeat . The company's shareholders and board reportedly voted to shut down Color last week following the news that Co-founder and CEO Bill Nguyen had stepped away from his day-to-day duties.