By Amber Deter A Quibi IPO is on investors’ minds. The new streaming platform launched earlier this week. And the startup has over $1 billion in private funding. With that kind of value, investors are calling for Quibi stock.
But will investors ever see a Quibi IPO? Here’s what we know…
Quibi IPO: What is Quibi?
Jeffrey Katzenberg and Meg Whitman co-founded Quibi. The name is a mix of the term “quick bites.” It’s a streaming service made only for mobile devices. And its content consists of short videos, 10 minutes or less.
Katzenberg is the former chairman for Walt Disney Studios. He was also a co-founder …read more
