Quibi raised roughly $1.75 billion to reinvent premium video for phones, then shut down within months of launch. Its collapse became a vivid lesson in how abundant capital can amplify an unproven product thesis instead of de-risking it.
Salesforce's $27.7 billion Slack acquisition was a pandemic-era bet that enterprise software would reorganize around a persistent conversational workstream. Integration took years, but Slack became central to Salesforce's AI and collaboration strategy.
Snowflake's 2020 IPO turned the cloud data warehouse into one of the most aggressively funded software categories in public markets. The offering plus private placements gave the company billions to scale while signaling extraordinary confidence in cloud-native data infrastructure.
Intuit's $7.1 billion Credit Karma acquisition expanded the company from tax and accounting software into a broader consumer-finance marketplace, while regulators forced a tax-product divestiture to preserve competition.