Secret
Anonymous confession app that let people post to their phone contacts without names
Company shut down permanently, returning capital to investors
Secret raised real money and got real press, then closed after 16 months once bullying costs, a Brazil ban, and insider doubt caught up with it.
Secret let people post anonymously to their friends and friends of friends, but the idea was easy to copy. Facebook, Snapchat, and Twitter all added similar features without the problems that came with Secret, which had to spend a lot of money on moderation and dealing with bullying. The company ran into legal trouble before it could figure out how to make real revenue, but the biggest warning sign was that the founders themselves started selling their shares in mid-2014, just months before the company shut down in 2015, which showed they had stopped believing the business would work.
- 2026-02Coverage notes no relaunch, acquisition, or revival of original Secret entity as of 2026
- 2025-07Peer app Whisper permanently discontinued
- 2024-03UNC system bans Yik Yak, Fizz, Sidechat, Whisper on campus networks
- 2015-04-29Secret shuts down permanently, returns remaining capital to investors
- 2015-01Co-founder Chrys Bader-Wechseler departs the company
- 2014-08Brazil court bans Secret, ruling its anonymity model unconstitutional
- 2014-07Series B raises $25M at roughly $100M valuation, founders take $3M secondary each
- 2014-03Series A raises $8.6M with angel investors Ashton Kutcher, Joe Montana, David Sacks
- 2014-02Secret hits #16 most popular App Store social app, signs Gap as first brand partner
- 2013-12Secret raises ~$1.4M seed round from KPCB, GV, and others
This page is a post-mortem, not a live assessment, and it carries no band. The blind-test result is the only part made without knowledge of the outcome.