Berkshire Hathaway
cigar butt investing
Entrepreneurship
investing
man with hammer
mental models
quibi
see's candies
Start-ups
Warren Buffett
Has there ever been a more spectacular start-up failure than Quibi in 2020? $1.4 billion down the drain. Total shutdown merely 6 months after launch. Quibi built a product without understanding the customer’s needs. It’s a common start-up mistake–one that I’ve made myself. This mistake comes with a catchphrase: “Solution looking for a problem”. It’s …