Cover of Quibi: $1.75 Billion for Ten-Minute TV

Quibi: $1.75 Billion for Ten-Minute TV

Quibi: $1.75 Billion for Ten-Minute TV

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Summary
Quibi launched in April 2020 with short premium shows, phone-first viewing and a reported $1.75 billion raised. Six months later, its founders chose to wind down the standalone service. Unicorn Graveyard follows the product bet, the pandemic launch, and the later move of its programming to Roku. The fundraising total is not a loss figure; the episode separates documented events from possible causes. Next: DeLorean.

This episode was produced with AI narration and scripting, with human editorial review.

This episode includes AI-generated content.
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