Quibi’s shortform life
The fall of Quibi, and who lost money in the mix. TechCrunch has a bit more on the video service's downfall here. The Netflix quarter, and why its shares lost ground after its report. The Quibi-Netflix stories show that it's not smooth sailing in the market for online video. If Netflix stumbled, Snap soared with stronger-than-expected growth. The company still loses lots of money, but it's getting closer to reasonable results, and has lots of cash. Then we turned to a few media startups that raised, including $4 million for Stir and $2.5 million for Quake. Quake the podcasting company, mind, not the excellent FPS. Next was a handful of housing rounds, including the very neat Abodu and the somewhat controversial RVshare, which split the three of us about whether or not it was going to work out. Then we had some great reporting from Natasha to parse through, including her piece on startup hacker houses, and her report on a new women-focused accelerator class.