Quibi
Media & StreamingUSAClosed 2020
Total Raised
$1.75B
Peak Valuation
$1.75B
Employees
200
Year Collapsed
2020
Business model
Subscription mobile-only short-form streaming.
In brief
Launched a mobile-only, short-form streaming service just as pandemic lockdowns kept audiences home on their TVs instead of their phones. Spent heavily on premium content but couldn't convert curiosity into a paying habit, and shut down roughly six months after launch.
See the What Happened tab for the full account.
Key facts
- Founded
- 2018
- Closed
- 2020
- Headquarters
- Los Angeles, USA
- Industry
- Media & Streaming
- Employees
- 200
- Revenue
- Undisclosed
- Founders
- Jeffrey Katzenberg, Meg Whitman
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Often compared with: Netflix, YouTube, TikTok.