An Open letter to the VCs that invested in Quibi.

So Quibi is shutting down after raising ~$1.8B in funding.

Pedro Sostre
2 min readOct 22, 2020

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Anna Kendrick almost got me to sign up for this.

I’m not privy to the details of this fiasco, but the massive red flag for me was bringing on the former CEO of HP.

When will boards & investors learn that you need startup people to run startups?

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Pedro Sostre

Accelerating startups through Navigate.capital - I help early-stage founders launch better, grow faster, and raise smarter. Published Author & Speaker.