【chubby sex video】
IRL,chubby sex video a social app meant to connect young people and discover events, seemed to have everything going for it. The company was able to overcome the challenges of running an event discovery app during the early days of the COVID-19 pandemic when everyone was stuck inside. With a killer domain name in IRL.com and a pivot to also focusing on online event discovery, IRL eventually grew to 20 million users, according to its founder Abraham Shafi, raising more than $200 million in VC funding.
One problem: It appears that the vast majority of those 20 million users are fake.
According to a report from The Information, IRL employees have been skeptical of user base claims from Shafi, who was also the CEO of the company until he was suspended by the board of directors in April. A subsequent investigation by the board found some shocking information that vindicated those employees' skepticism.
You May Also Like
SEE ALSO: No one is on Facebook, so how are we inviting friends to parties and shows?
The board's investigation found that 95 percent of IRL's supposed 20 million users were actually "automated or from bots." The SEC has also launched an investigation into whether IRL misledinvestors, violating securities law.
This isn't the first time something like this has happened in the tech space. For example, just earlier this year, JP Morgan sued the founder of Frank, an app it required for $175 million, for lying about the startup's user numbers.
In June 2021, IRL raised$170 million from the investment firm SoftBank, which put the company at a valuation of more than $1 billion. When IRL laid off 25 percent of its workers just one year later, Shafi attemptedto calm the remaining staffs' worries by saying the company had “more than enough cash to last well into 2024.”
Now, IRL is shutting down.
Related Stories
- Popular anti-troll tool Block Party shuts down
- Elon Musk shuts down Twitter Spaces after being confronted by banned journalists in one
- TikTok Now, the BeReal clone you never used, is being discontinued
- Meta shuts down Novi, the last remaining sliver of its crypto efforts
- Tokens delisted, exchange closed following SEC crypto lawsuits
Any users – of the few that actually existed – who visit IRL.com today are met with a message announcing the shutdown of the app on June 27.
"IRL is shutting down and the application will formally be turned off on June 27th at 12pm PDT," the announcement reads. "We thank you for hosting your community chats with us, and we wish your community great conversations on other platforms moving forward."
Topics Social Media
Search
Categories
Latest Posts
Dyson V8 Plus cordless vacuum: $120 off at Amazon
2025-06-26 20:01Next major USB update will double data transfer speeds
2025-06-26 19:36Florida school district bans homework as children rejoice
2025-06-26 19:32Quality Assured: What It's Really Like To Test Games For A Living
2025-06-26 19:24Popular Posts
Robin Triumphant
2025-06-26 20:45iPhone keep connecting to spotty public Wi
2025-06-26 20:26Featured Posts
Fritz vs. Ruud 2025 livestream: Watch Madrid Open for free
2025-06-26 21:14'Game of Thrones': Is Grey Worm going to die this week?
2025-06-26 21:13June Foray, iconic voice actor, dies at 99
2025-06-26 20:56Trump signs AI education order to train K
2025-06-26 18:47Popular Articles
Grim video of a starving polar bear could show the species' future
2025-06-26 21:09Motorola's modular phones will make phones exciting again
2025-06-26 19:20Best iPad deal: Save $132 on Apple iPad (10th Gen)
2025-06-26 18:47Newsletter
Subscribe to our newsletter for the latest updates.
Comments (81748)
Fashion Information Network
Trump is feeling really, really under
2025-06-26 21:01Sharing Information Network
Next major USB update will double data transfer speeds
2025-06-26 20:44Warmth Information Network
The moment a Buddhist temple got completely washed away in a flood in Myanmar
2025-06-26 20:25Heat Information Network
Is 'Game of Thrones gearing up for a War of the Mad Queens?
2025-06-26 18:32Exquisite Information Network
The Sound and the “Furious”
2025-06-26 18:32