Failory - Why Did Quibi Fail?

7 reasons why Quibi went from $2B to 0.

👋 Hey Failories! It's Nico over here.

Lots of you have requested me to publish an article analyzing Quibi's shut down, one of the most spectacular startup failure stories from the last months and years. It's finally here!

It's one of my favorite articles lately. Lots of great insights and lessons on what not to do when running a startup and raising money.

This newsletter is sponsored by NoGood and Formlets.

ARTICLE

Why Did Quibi Fail?

An analysis of why did Quibi, a short-form video streaming platform, shut down, despite raising $2B from investors and having a well-experienced team.

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Quibi

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INTERVIEW

Building and Shutting Down a Startup in an Industry Hit Hard by COVID

Talking with her manicurist, Margaret got to know some of the common challenges beauty service providers faced in Armenia. Her startup Sofetch aimed to solve some of these. However, COVID happened and the beauty industry was disrupted. She was soon forced to shut down.

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Sofetch

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If Katzenberg  Quibi's founder, had got Failory's product-market fit eBook, maybe he could have turned the Quibi ship around... just saying 😌!

Hope you enjoyed this week's content. Let me know if there's any topic or failed startup you would like me to write about or anything you would like me to build in Failory.


- Nico

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Bootstrapping a SaaS to $145,000/year in a competitive industry

Thursday, December 10, 2020

+ giveaway of PMF eBook! 👋 Hey Failories! It's Nico over here. Last week, I partnered up with Dru Riley, founder of Trends.vc, to give away 50 copies of Failory's product-market fit eBook. If

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2 new articles + eBook's launch numbers 👋 Hey Failories! It's Nico over here. On Monday we launched Failory's product-market fit eBook. +100 sales were made and the feedback was amazing ;)

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1 interview, 1 article and news about Failory 👋 Hey Failories! It's Nico over here. It's December already! November was Failory's best month ever (around $4k in revenues, which is x2 of the

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Get it 33% cheaper only today! 👋 Hey Failories, it's Nico. After 2.5 months of work, Failory's product-market fit eBook is finally here! I launched it an hour ago on Product Hunt. It's my

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2 interviews + eBook updates 👋 Hey Failories! It's Nico over here. Monday is the day we're finally launching our product-market fit eBook. It has already been sold 128 times, meaning $1181 in

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