There are a lot of startups which make you question your sanity, but they end up working out because your initial assumptions or understanding of the market are

There are a lot of startups which make you question your sanity, but they end up working out because your initial assumptions or understanding of the market are completely wrong. I've been caught enough times over the years to give the benefit of the doubt to new companies. That said, this is not one of those times. Quibi's business model as it stands now is batshit insane. The fact that it hasn't taken off has given me a deep sense of relief that the guy in the mirror is not the one who is barking mad. Personally, my guess is that it's some sort of Russian oligarch money laundering scheme. Or something akin to a modern day equivalent of The Producers where they make money from total failure.