4 ms·

I feel like a lot of people laughing are just expressing the feeling that they could do much more if they were given 1% of the investment Quibi had. It feels un

I feel like a lot of people laughing are just expressing the feeling that they could do much more if they were given 1% of the investment Quibi had. It feels unfair when people get opportunities to pursue their startup based on who they are rather than the merits of the company. Of course, that's the way life works, you can't do anything about it and complaining is a bad look. But when you're proven right and the investors get burned for investing in a bad idea based on notable founders what else are you supposed to do but laugh? I generally agree with the sentiment that it's bad to ridicule people for failure, startups are hard and risky and ridiculing people for failing discourages people. I think when there's this much hubris involved though it's a little different.

notatoad 6y ago
>I feel like a lot of people laughing are just expressing the feeling that they could do much more if they were given 1% of the investment Quibi had. this is 100% it. if this were some scrappy startup who had fought to launch a product and failed, i could respect that. but it's a couple old rich people who raised $2B off their names and reputations, and then squandered it in record time by overpaying for bad content.
- bredren 6y ago
  If a scrappy unknown set of non-Stanford, no yc network referral-having founders filmed a founder video introducing a version of this product with no money or traction, would they have gotten an interview invitation this morning? Probably not.