No. 044 · 2018 · Los Angeles

Quibi

$1.75B for 10-minute phone shows, launched in a lockdown.

Dead in 6 months

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Make my startup a legend
  1. 1 2020. Hollywood's plan for phones.
  2. 2 $1.75B raised.
  3. 3 Shows flip when you rotate your phone.
  4. 4 Made for 'in-between moments.'
  5. 5 It launches in lockdown. Nobody's in-between anything.
  6. 6 The app doesn't let you cast or screenshot.
  7. 7 A clip can't even go viral.
  8. 8 Six months. Cash goes back to investors.
Founders
Jeffrey Katzenberg, with Meg Whitman as CEO
Founded
2018, Los Angeles
What they do
Short shows for phones. Closed in 2020.

The story

Quibi raised $1.75B for premium ten-minute shows made for moments on the go. It launched in April 2020, when nobody was on the go, and shut down about six months later.