Seven West-backed video service Crowdspark, formerly New Zulu, has gone into liquidation following a strategic review by the companys management.
The ASX-listed user-generated content management company promised to make everyone with a smartphone a potential journalist and at one stage was endorsed by Pauline Hanson.
Crowd Spark was founded as New Zulu in 2012
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Since its founding by Dot Com boom prodigy Alex Hartman in 2012, the company had raised over $37m from investors.
Hartman rose to prominence as Australias youngest tech entrepreneur in 1996 when the then 16-year-old founder licensed his internet access software to Telstra Bigpond.
The New Zulu founder was deposed from the board in 2016 shortly after Seven West Med…
Read the full article at: https://mumbrella.com.au/seven-west-backed-user-generated-video-platform-crowdspark-goes-into-liquidation-530032