Meg Whitman drives another company into the ground whilst making a lot of money. Took her six months.

NEW: Quibi has made its shut down news official.

In a letter to stakeholders, Quibi said it intended to wind down its business operations and initiate a process to sell its assets over the next few months.https://t.co/1Y5dKSyhU1

— Axios (@axios) October 21, 2020