Full disclosure: It's pretty unclear how solvent a potential Vine 2.0 is. Hofmann tweeted a week ago that he is 'going to work on a follow-up to vine' and that he's funding it himself as an 'outside project' to keep it from interfering with other work at his current company Interspace. Hofmann tweeted that he would share more as the project develops.

HQ Trivia, the app that the other Vine cofounders Rus Yusupov and Colin Kroll launched in October, has achieved its own success. The company is seeking post-money valuation at $80 million to $100 million, sources told Recode, and the app will soon launch on Android.