Katzenberg: Quibi returned $600M of its initial $1B to investors
Jeffrey Katzenberg · 20VC: Why Operating Experience Becomes Irrelevant Fast and Operators Often Give Bad Advice to Founders, Is Silicon Valley Really Dead? Are Gen Z the Most Entitled Employees? What Will Happen to a Generation of Pre-PMF Companies with $50M in the Bank with · Nov 23, 2022 · at 11:57
Jeffrey Katzenberg is the founder of Quibi and co-founder of WonderCo. He discusses returning capital to investors after shutting down Quibi.
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“We returned six hundred million dollars out of the initial billion dollars to our investors, and I don't think I would have gotten there without him.”
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