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Quibi Will Be a Multi-Billion Dollar Company
- hnarn 7y agoThere is a complete lack of logic in the conclusions under the "How the next year will play out" header. We are going into a global recession and another "premium" video streaming service is not what the market is asking for. I feel bad for anyone who invested in this, but that feeling is somewhat limited considering what an extremely basic sales pitch they must've got sold on.
- nbashaw 7y agoAuthor here! The entire piece contains the logic that supports the conclusion at the end. You're right that the recession will hurt them, but on balance, I think in the long run the premium short-form video format will be here to stay.
- hnarn 7y agoSo is espresso, that doesn't mean a new café taking on Starbucks is going to succeed.