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by busterarm 979 days ago
Quibi was also a ludicrous company that gave streamers multi-million dollar up-front no-milestone deals and then shuttered.

They absolutely cratered within six months of launch.

I wouldn't use them as an example of how to competently operate a business. They literally gave all of the investors' money away. They operated more like a charity than a business and if I were one of their investors I'd have been suing.