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Why This $1.75 Billion Startup FAILED Miserably
6 months ago
8
💸 Quibi raised $1.75 BILLION… and collapsed within months.
Led by Meg Whitman (former CEO of eBay & HP), Quibi was supposed to be the next YouTube — offering short-form, mobile-only content.
But here’s what went horribly wrong:
❌ Launched during the pandemic (when no one was commuting)
❌ No sharing or screenshots — zero virality
❌ Completely misunderstood their audience
❌ Built a “solution” for a problem that didn’t exist
This is a masterclass in how money and big names don’t guarantee success — timing, product fit, and user behavior do.
#QuibiFail #StartupLessons #BusinessCaseStudy #TechFails #EntrepreneurMindset #MegWhitman #YTvsQuibi
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