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		<title>[Economics] Quibi Shutting Down</title>
		<link>https://www.allthatresearch.com/economics-quibi-shutting-down/</link>
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		<pubDate>Thu, 22 Oct 2020 05:53:24 +0000</pubDate>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[#Katzenberg]]></category>
		<category><![CDATA[#Whitman]]></category>
		<category><![CDATA[Quibi]]></category>
		<guid isPermaLink="false">http://www.allthatresearch.com/?p=278</guid>

					<description><![CDATA[Quibi shutting down after six months- I am not surprised not much actually. But they did shut down more quickly then expected. When I heard that the service was only mobile only was like&#8230;WHAT? I thought portability was a desirable thing- When they said it was going to be 15 <a href="https://www.allthatresearch.com/economics-quibi-shutting-down/" class="btn btn-link continue-link">Continue Reading</a>]]></description>
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<p><a href="https://www.wsj.com/articles/quibi-weighs-shutting-down-as-problems-mount-11603301946">Quibi shutting down after six  months-</a></p>



<p>I am not surprised not much actually. But they did shut down more quickly then expected.</p>



<p>When I heard that the service was only mobile only was like&#8230;WHAT? I thought portability was a desirable thing-</p>



<p>When they said it was going to be 15 minutes long I was like&#8230;wow- artificial constraints&#8230;not good-</p>



<p>Then I heard they pumped a lot of money into create content.</p>



<p>As you have seen Amazon and Netflix, lot more money does not always mean lot more good content-</p>



<p>So I did expect their demise but not this fast-</p>



<p>What is interesting is that there were two veteran CEOs, Whitman and Katzenberg, who I respect. </p>



<p>But they failed miserably- May be they should create a series on how they failed&#8230;</p>



<p>Anyway, sad to see investor money just disappear but that is the game of investing- You make bad investments, you will figure out pretty soon.</p>



<p>I am not even sure how much of the content Quibi can salvage. The reviews that I have seen was not that good&#8230;</p>



<p>Sad to see two great former CEOs fail but the mass have spoken and they don&#8217;t like Quibi-</p>



<p>Thank You Jesus for all Your love and mercy. Let us always be awake and discerning Amen!</p>



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