Q&A Pioneer Formspring Says It’s Been ‘Saved’ From The Deadpool, Is Now Under New Management

Formspring, the pioneering Q&A site that allowed people to invite other internet users to “ask me anything” anonymously, is apparently back from the brink. In a tweet and a company blog post, Formspring announced that it has been “saved” and is now “under new management.”

It was just two months ago that Formsping announced plans to shut down, with founder and CEO Ade Olonoh writing in a company blog post (which has now been deleted) that it had “been challenging to sustain the resources needed to keep the lights on.” At that time, the company planned to close down its online Q&A platform on March 31st and eliminate users’ access to their data on April 15th. The last-minute deal announced today indicates that the planned closure didn’t go through after all.

Details on who exactly is in charge now, and what Formspring has in store now that it’s sticking around, have not been provided. We’ve reached out to Olonoh and several Formspring investors for more information and will update with anything we hear.

It’d be good to see Formspring get another lease on life, as vague as the details around its resurrection are at the moment. The company raised a total of $14 million and garnered a huge following in its heyday. Though Formspring’s novelty wore off as young people moved on to other social networking trends, it’ll be interesting to see if they can somehow recapture its audience with a new spin on its old app — or something new entirely.

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