Ledger & Lore
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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

Related failures

Often compared with: Netflix, YouTube, TikTok.