Quibi
“Raised $1.75 billion for short mobile-only shows and shut down about six months after launch.”
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“Raised $1.75 billion for short mobile-only shows and shut down about six months after launch.”
“Raised $120 million for a WiFi juice press, then people discovered you could squeeze the bags by hand.”
“Promised the future of cloud gaming, refunded everyone, and switched the servers off three years later.”
“Spent roughly $300 million on a streaming service that was cancelled 32 days after launch.”
“Amazon wrote off $170 million of unsold phones roughly a year after launching it.”
“Shipped a $1,500 face computer, invented the word Glasshole, and pulled the consumer version.”
“Predicted to be bigger than the personal computer; sold about 140,000 units in two decades before being discontinued.”
“Built a beloved six-second video app with millions of users and never figured out how to make money from it.”