Following skepticism and rumors from Silicon Valley commentators,[2][3] Color Labs stopped selling the app at the end of 2012.
[4] The group started when co-founders Bill Nguyen and Peter Pham received $41 million in funding.
[7] In September 2011, Douglas Leone revealed that Sequoia Capital only invested three days before the scheduled launch of Color.
[10][failed verification] In June 2011, less than three months after the company officially launched, Pham left Color,[11] followed quickly by Chief Product Officer DJ Patil.
[12] In the weeks following Color's initial launch, controversy surrounded the startup's $41 million funding and mixed reviews on the product.