Oct 13, 2026 · 28 min · 11 segments
What Happens When You Predict The Future, Raise **$1.75 BILLION**, And Go Out of Business in Just **197 Days**? Welcome To QUIBI, Where the IDEA Was Right, But The BUSINESS MODEL Was Spectacularly…
Atul PrasharHost
All right, so why are we talking about Quibi now? Let's start with that obvious question.
Why are we talking about Quibi in twenty twenty-six? This is a company that shut down six years ago, and it raised one point seven five billion, with a B, launched in April twenty twenty, and was winding down just a hundred ninety-seven days later.
That's the equivalent of almost eighteen Anthony Scaramucci Mooch Scaramuccis, right? Google it.
And Garfield lasted quite a few months until an infection eventually got him at the two hundred day mark.
MLB throw it in there, hundred sixty-two games, I think, hundred... something like that.
So normally, that is where the story ends when you have something a hundred ninety-seven days, beginning scene, end scene, closed up shop.
There's something huge happening in media, and a ton of money is going into it, a ton of investment money.
The core behavior that Quibi was betting on, professionally produced short serialized entertainment watched on your phone, has quietly become a two point nine eight billion business outside of China.
I just don't want it from you." I mean, [laughs] meaning there was an idea that was great, it was out there, but it was a little too early.
So later on, it needed some other things to materialize, and now it's an actually an amazing product and service.
And micro dramas essentially have grown a hundred fifteen percent year over year.
All right, so why are we talking about Quibi now? Let's start with that obvious question.
Why are we talking about Quibi in twenty twenty-six? This is a company that shut down six years ago, and it raised one point seven five billion, with a B, launched in April twenty twenty, and was winding down just a hundred ninety-seven days later.
That's the equivalent of almost eighteen Anthony Scaramucci Mooch Scaramuccis, right? Google it.
And Garfield lasted quite a few months until an infection eventually got him at the two hundred day mark.
MLB throw it in there, hundred sixty-two games, I think, hundred... something like that.
So normally, that is where the story ends when you have something a hundred ninety-seven days, beginning scene, end scene, closed up shop.
There's something huge happening in media, and a ton of money is going into it, a ton of investment money.
The core behavior that Quibi was betting on, professionally produced short serialized entertainment watched on your phone, has quietly become a two point nine eight billion business outside of China.
I just don't want it from you." I mean, [laughs] meaning there was an idea that was great, it was out there, but it was a little too early.
So later on, it needed some other things to materialize, and now it's an actually an amazing product and service.
And micro dramas essentially have grown a hundred fifteen percent year over year.
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