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How $1.75 Billion Disappeared in Six Months

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About How $1.75 Billion Disappeared in Six Months

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In April 2020, Quibi launched with $1.75 billion in funding, Hollywood-caliber talent, and a bold promise: short, premium video made specifically for your phone. Backed by major studio veterans, it looked unstoppable. Six months later, it was gone. Quibi's entire premise was built on filling short gaps in your day — the commute, the coffee break. Then it launched during a global lockdown, when commutes had vanished overnight. Millions were spent on star-studded shows nobody could find a reason to watch on a tiny screen instead of their TV. Subscriber numbers stayed far below projections, and by December 2020, Quibi shut down completely — one of the fastest, most expensive failures in streaming history. In this video, we break down exactly how $1.75 billion vanished in six months, and what it teaches us about timing, ego, and building something nobody actually asked for. 📌 If you love stories about billion-dollar business failures, subscribe for a new one every week. #Quibi #Streaming #BusinessFailure #TechFail #BusinessDocumentary — Disclaimer: This video is for educational and commentary purposes. All footage and images are used under fair use for the purpose of criticism, commentary, and education.

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