EPISODE · Apr 7, 2021 · 23 MIN
How to lose 1.8 billion dollars in 10 days
from Idea to Startup · host Brian Scordato
Predicting a startup will fail is like betting every number on the roulette wheel except that green double zero and then puffing out your chest when one of your numbers hits. It's just not impressive to predict that something going up against overwhelming odds won't beat those odds.And yet.... Sometimes people build startups like horses asses. And in that case, they need to be called out.This podcast originally aired the day Quibi launched back in April of 2020 and gave the company 18 months to survive. It didn't come close. This podcast isn't dancing on the grave of a company that failed. It's pointing out all the completely predictable and avoidable mistakes the company made so you won't make them, too. Tacklebox Cohort 28 (June 2)
What this episode covers
Predicting a startup will fail is like betting every number on the roulette wheel except that green double zero and then puffing out your chest when one of your numbers hits. It's just not impressive to predict that something going up against overwhelming odds won't beat those odds. And yet.... Sometimes people build startups like horses asses. And in that case, they need to be called out. This podcast originally aired the day Quibi launched back in April of 2020 and gave the company 18 months to survive. It didn't come close. This podcast isn't dancing on the grave of a company that failed. It's pointing out all the completely predictable and avoidable mistakes the company made so you won't make them, too.
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How to lose 1.8 billion dollars in 10 days
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