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Vine was an American short-form video hosting service where users could share up to 6-second-long looping video clips.Founded in June 2012 by Rus Yusupov, Dom Hofmann and Colin Kroll, [1] [2] [3] the company was bought by Twitter, Inc., four months later for $30 million. [4]
If Vine paid each of the 18 Viners $1.2 million and made certain changes to the platform, they’d all post 12 monthly Vines—or else, they would leave the app.
Byte (formerly dubbed v2) is a 16-second looping video app. [11] [12] The app's purpose is to be the successor app to Vine after its original shutdown. Hofmann was public with his disagreement on how Vine was handled. [13] He has stated the project will be "personally funded" [14] and was released for iOS and Android on January 24, 2020. [15]
Vine was sold to Twitter in October 2012 for a reported $30 million, [5] shortly before the service's official launch. In 2013, Vine hit number one on the App store for free downloads and become the most used video sharing application in the market at the time. [6] Yusupov left Twitter in late 2015 after Vine was deprioritized by Twitter.
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Co-founded Vine and HQ Trivia Colin Kroll (May 17, 1984 [ 1 ] [ 2 ] – c. December 16, 2018 [ 3 ] ) was an American entrepreneur who co-founded the video hosting service Vine and the trivia game app HQ Trivia .
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