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I wonder how much of the 1.75 Billion was already spent. I can't believe how they raised so much money in the first place without any market validation whatsoev
by vsskanth 6y ago
I wonder how much of the 1.75 Billion was already spent. I can't believe how they raised so much money in the first place without any market validation whatsoever.
- martinesko36 6y agoApparently they only had 200mil available just a month ago, so most likely they burned through almost all of it. (source: https://www.vox.com/recode/2020/9/21/21449795/quibi-sale-video-buyers https://www.vox.com/recode/2020/9/21/21449795/quibi-sale-vid...)