Exit This Way

The Startup God of Wealth Destruction: Color Officially Shut Down

Mr. Nguyen

A day after we learned about a lawsuit alleging Color CEO Bill Nguyen inflicted “emotional distress” on an employee with a guy sporting a Glock, Color has announced it is shutting down. The news posted at the top of the company’s website is succinct: “Alert: We hope you’ve enjoyed sharing your stories via real-time video. Regretfully, the app will no longer be available after 12/31/2012.”

As PC Magazine notes, regardless of what kind of craziness went down in Color’s offices, the app held little interest for potential consumers: Read More