4Chan Founder Declares DrawQuest Has Failed

Chris Poole, founder of 4chan announced that his next startup, Canvas/DrawQuest has failed. Launched a year ago to inspire people to take on daily bouts of creativity through drawing challenges, it reached 1.4 million downloads, 550,000 registered users, 400,000 monthly users, 25,000 daily users, and 8 million drawings. Explained in his blogpost that they couldn’t monetize the app. Had raised $625k in 2010 & $3M in 2011. Link

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