We use analytics and advertising tools by default. You can update this anytime.
Nathan Baschez is the cofounder and CEO of AI word processor Lex. He cofounded Every, was the first employee at Substack, and co-created Product Hunt.
A post-mortem for a failed prediction, and a failed startup
Oct 22, 2020 · 2 min readUpdated Jul 19, 2026
🔒 This is a preview of a Divinations Premium post!
Back in March, a few weeks before Quibi launched, I decided to write an essay that would make the bull case for the service. I hadn’t used the product yet or watched any of the content. I had the same feeling everyone else did that something was weird about a company raising nearly $2b before launch. But, the more I researched Quibi and thought through their strategy, the more excited I got. So I decided to go out on a limb.
After about a month, I began to realize I may have been wrong. Soon after, the New York Times published an interview with Jeffrey Katzenberg, blaming everything on the pandemic. I posted a thread for readers to share their theories of why Quibi’s strategy wasn’t working as expected. It was actually quite awesome. Quibi’s CPO, Tom Conrad, even chimed in!
Create a free account to continue readingThe essential toolkit for those shaping the future
"This might be the best value you
can get from an AI subscription."
- Jay S.
Every Content
AI&I Podcast
Monologue
Cora
Sparkle
SpiralJoin 100,000+ leaders, builders, and innovators
Already have an account? Sign in.
Daily insights from AI pioneers + early access to powerful AI tools
Front-row access to the future of AI
In-depth reviews of new models on release dayPlaybooks and guides for putting AI to workPrompts and use cases for buildersIn-depth reviews of new models on release dayPlaybooks and guides for putting AI to workPrompts and use cases for builders
Katie Parrott
Every Staff
Kieran Klaassen
Comments