4 ms·
I don't doubt that you've had "a pretty long career," but I wish you had spent a moment Googling before posting this take. I immediately found an example of a 2
by teachrdan 3y ago
I don't doubt that you've had "a pretty long career," but I wish you had spent a moment Googling before posting this take. I immediately found an example of a 250-person company paying employees severance after deciding to shut down operations. If it's possible at 250 employees, it's possible at 500.
https://www.hollywoodreporter.com/business/digital/inside-quibis-abrupt-shutdown-this-is-not-how-they-wanted-it-to-go-4081903/ https://www.hollywoodreporter.com/business/digital/inside-qu...
- busterarm 3y agoQuibi was also a ludicrous company that gave streamers multi-million dollar up-front no-milestone deals and then shuttered. They absolutely cratered within six months of launch. I wouldn't use them as an example of how to competently operate a business. They literally gave all of the investors' money away. They operated more like a charity than a business and if I were one of their investors I'd have been suing.