
How to lose $1.8 billion dollars in 10 days
Idea to Startup
00:00
Quibby Is a Week After Launch - It's Not Easy
Quibby spent a billion dollars, maybe more, on a product that they built over two years. The whole point of the product was that it would live only on mobile because there were these gaps in time when customers needed high quality content and they didn't have it. You need to lean into the fact that you don't know anything and build all your features around improving that feedback loop. Here's jeff bazos on the best advice warren buffet gave him: "Nobody wants to get rich slow"
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