Quibi
Premium short-form video
Valuation at Death
$1.75 billion
Money Burned
$1.75 billion
Body Count
200 employees
Lifespan
244 days (1 years)
☠️ Official Cause of Death
Solution looking for a problem
Launched mobile-only video platform during pandemic when everyone was home
Epitaph
Quick bites for your commute
Launched when no one commuted
6 months of pure hubris
Famous Last Words
"Mobile-only is the future (during lockdown)"
"$1.75B should be enough to figure this out"
💡 The Lesson
Read the room (and the calendar)
I Was There Too
Raise your hand. Be honest. We all fuck up.
No one has confessed yet. Be the first to raise your hand.
Were you part of this? Did you use it? Raise your hand:
Enjoyed Reading About Quibi's Death?
Cool. Now be a human and admit a time you've fucked up.
You just read about someone else's failure. Maybe it's time to share yours? You might leave here with a friend who made the exact same mistake.
Fine, I'll Share My Failure