E1128: Emergency Pod! A Quibi postmortem – Diving into the numbers, what went wrong, lessons learned & more!

about this episode

FOLLOW Jason: https://linktr.ee/calacanis

Referenced in this episode:

Wall Street Journal Article:
https://www.wsj.com/articles/quibi-weighs-shutting-down-as-problems-mount-11603301946

Quibi’s website:
https://quibi.com

Tweets by David Sacks, Zach Coelius & John Henry:
https://twitter.com/DavidSacks/status/1319011743708766212
https://twitter.com/zachcoelius/status/1319175661743865858
https://twitter.com/JohnHenryStyle/status/1319028755264921600

Jeffrey Katzenberg & Meg Whitman on CNBC from 10/22:
https://www.cnbc.com/2020/10/22/quibi-co-founders-katzenberg-whitman-explain-what-went-wrong.html

Listen here…
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

Show notes:
0:00 Jason sets the stage – What is Quibi? What was their product & how did it fail?
6:17 Diving into the numbers, how could the money have been deployed more intelligently?
9:44 Jason reacts to David Sacks & Zach Coelius steps about Product-Market Fit & overcapitalization
11:46 LinkedIn Jobs – Get a $50 credit toward your first job post at https://www.linkedin.com/twist
13:29 Jason’s live reaction to Jeffrey Katzenberg & Meg Whitman on CNBC talking about why they decided to shut down Quibi
23:53 What Jason would have done differently if he was in charge of Quibi, how to tell that Quibi’s failure was not a venture capital creation
29:13 Differentiating Quibi from Silicon Valley investments

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