$1.75 billion streaming service shuts down in 6 months.
Quibi launched April 2020 with short mobile-only content, then folded October 2020. #QuibiFail became case study in catastrophic failure despite star power and funding.
Launching mobile-first during stay-at-home year proved fatal miscalculation, making it pandemic’s biggest business disaster.
#Quibi #StartupFail #Streaming
Founded by Jeffrey Katzenberg (DreamWorks) and Meg Whitman (eBay CEO) in August 2018
> Tag for entrepreneurs sharing launches, funding, and the startup lifestyle
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