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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We’re NoGood For Your Competition

With a creative, data-driven approach, NoGood is your on-demand growth squad for eCommerce, SaaS, and B2B brands. Schedule a call if you’re ready to level up your business and crush your 2021 growth goals!

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NoGood

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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Older messages

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

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