The bankruptcy of SkyMall and their parent company, Xhibit, has been well covered in many places.
But I wanted to link, again, to this Priceonomics article from 2013 about SkyMall, Xhibit, and their questionable dealings, just in case folks forgot about it.
Skymall is by all accounts a reasonably successful company with $130 million in annual revenue, a differentiated offering, a well known brand, and at least some happy customers. Xhibit on the other hand, appears to be a company with dubious sources of revenue, a very thin competitive advantage, and more hype than substance.
This entry was posted on Friday, January 23rd, 2015 at 6:13 pm and is filed under Clippings, Law, Schadenfreude. You can follow any responses to this entry through the RSS 2.0 feed.
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