
How to lose 1.8 billion dollars in 10 days
Idea to Startup
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Quibi Will Fail - The Fundamentals
Quibi launched on April 6th and immediately signed up 1.7 million customers. The company is run by entertainment and tech royalty and has raised $1.8 billion. You can still download and use the app, but they won't be around in 18 months. It's so rare that there's such a public example of the textbook wrong way to start a company.
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