The rise and fall of Quibi from raising $1.75 billion before launch to shutting down just 6 months later
Summary
Jeffrey Katzenberg's $1.75 billion-backed mobile-video startup Quibi shut down as spectacularly as it started.
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Business Insider
An investor who backed Quibi, a startup that raised $1.75 billion and failed 6 months after launch, explains why he bet on its leaders and wishes they tried to 'fight more'
Jeffrey Katzenberg's $1.75 billion-backed mobile-video startup, Quibi, is shutting down, six months after its subscription service went live.
