Quibi founder and CEO on what went wrong: 'We tried to sell company, no takers'
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CNBC
Quibi founder and CEO on what went wrong: 'We tried to sell company, no takers'
Quibi is shutting down just six months after launching its short-form video service. Founder Jeffery Katzenberg and CEO Meg Whitman join CNBC's "Squawk Alley" to discuss what happened and why the company is choosing to shutter its operations. We had a very successful launch but over the summer we began to see a slowdown in our momentum, says ...
Oct 22, 2020
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Quibi calls quits: ‘Our failure was not for lack of trying’
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