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Business Tech

Quibi Launches Today! Quibi Will Flop for Sure!

Quibi launches today.

Price point: $4.99

Reason: Immersive video content on a mobile device.

Funding: Quibi has raised over $1.8 billion in funding to date.

I think it’s very easy to see that Quibi is being made by a bunch of executives who aren’t or connected to their target audience. Quibi is built for a younger generation who don’t really want to consumer full length films on their mobile devices only. The younger generation are all about short form content and getting information as fast as possible (eg. TikTok).

p.s. their target audience also don’t have enough money for yet another subscription service at $4.99 per month.

Conclusion: Quibi will be a flop!

Im expecting that we are all sitting here in 12 months saying that they just haven’t been able to get the subscriber numbers that they wanted or needed to hit with $1.8 billion in funding.

Categories
Business Tech

Twitch Sees Big Viewership Growth But Needs to Expand Beyond Games to Generate $1 billion in Ad Revenue

Twitch has seen a huge wave of growth in its viewership in most part due to coronavirus. Twitch wants to generate $1 billion in ad revenue and commerce this year, according to The Information. The company reportedly delivered about $300 million in ad revenue in 2019.

The only way Twitch are going to achieve this is by expanding beyond just hardcore gamers. Brands will want to see diversity of content – Games, Music, Chat, Entertainment and more.

Twitch seems to be the first part of Amazon’s grand plan for gaming. Amazon will soon launch its very first game from its recently established gaming studio.

Categories
Tech

Quibi Launching Tomorrow (Monday 6th April 2020) – Good Timing or Bad Time due to Coronavirus COVID-19?

  • Quibi launch date is Monday 6th April
  • Not supposed to compete with Netflix or Disney Plus
  • Aimed at on the go video streaming (YouTube competitor really)
  • How will it do while launching during Coronavirus COVID-19 epidemic?

Quibi and timing… good or bad??

Categories
Tech Video

Jeff Housenbold Interview – How Softbank Vision Fund Deploys $100 billion

I have been watching This Week in Startups – with Jason Calacanis – pretty much since the beginning. The video series / podcast provides a great insight in to some of the leading minds in the technology world.

Jeff Housenbold (Softbank Vision Fund) recently sat down with Jason to talk about the Softbank Vision Fund and some of its portfolio companies.

The comments about Growth vs Profit were very interesting and provided great insight.