Quibi’s $1.8 Billion Fiasco: Founder blames coronavirus, not flawed business model

Quibi is a dud, as I predicted. Even with a free 90-day trial, the Quibi app has been installed by less than 3.5 million consumers. It ranks #125 among free iPhone app downloads. That’s behind Duolingo, the language app where I recently failed to learn much Swedish (“Hej, hej!”). Founder and Hollywood mogul Jeffrey Katzenberg …

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