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Key Information

Launch Year

2013

Shutdown Year

2016

Acquisition Price

$30M

Peak Users

200M

Original Website

vine.co

Founders

  • Dom Hofmann
  • Rus Yusupov
  • Colin Kroll

Vine

Social Media
Acquired by Twitter

Short-form video hosting service where users could share six-second-long looping video clips.

Vine was founded by Dom Hofmann, Rus Yusupov, and Colin Kroll in June 2012. The company was acquired by Twitter in October 2012 for a reported $30 million but was later shuttered. Vine officially launched on January 24, 2013, as a free app for iOS devices.

Key Features

  • Six-second looping videos
  • Social network integration
  • Explore page for trending content
  • Re-vine feature to share others' content
  • Follow system for creators