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A comment on Quibi reportedly lost 90 percent of early users after their free trials expired. Parent comment

Re:Quibi reportedly lost 90 percent of early users after the... by Nextgrid on Friday July 10, 2020 @09:59AM (#23791509)
On the other hand, Disney has mountains of cash behind them while Quibi is VC-funded and VCs typically want to see results to decide whether to continue or cut their losses. Disney can get away with a terrible conversion rate forever while a startup can run out of funding very quickly.
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Re:Quibi reportedly lost 90 percent of early users after the... by formercoder on Friday July 10, 2020 @10:26AM (#23791754)
It’s crazy that a VC would fund Quibi. Producing that content is expensive and their margins will never justify that type of equity funding.
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