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The point is dreamworks animation was not a tech startup the way Quibi was. Dreamworks had large Babe Ruth level swings and to some extent got very lucky with

The point is dreamworks animation was not a tech startup the way Quibi was. Dreamworks had large Babe Ruth level swings and to some extent got very lucky with chance. Mike Meyers was not the original voice of Shrek. It was Chris Farley, who played an entirely different character. Farley died and much of the film had to be redone. While Farley was a star, he wasn’t well and there’s no telling the movie would have been a hit like it was under Meyers. Without the early success of Shrek a moat would have been over-engineering. Quibi looked like they thought it would operate under similar forces, runaway successful content made cheaply. When in fact the medium of delivery and matching algorithms are more powerful than smash content. Worrying about and being good at the former is just not like what Dreamworks did.

mbreese 6y ago
> tech startup the way Quibi I think the founding theory behind Quibi was that is wasn't supposed to be a tech startup. It was a media/content start up. We largely consider Netflix a tech startup, but their technology has two main areas: distribution and recommendations. The rest of their business (and likely the larger fraction) is in content production and procurement. Quibi wasn't supposed to be a tech startup, it was all about the content. This was their primary expertise and focus. Their main differentiating factor was that they were creating content for mobile consumption. It may well be that the rapid changes in media consumption due to Covid had a major part of their downfall. That and TikTok. It's hard to compete against free, mobile-first, viral content.