The Spectacular Rise and Fall of WeWork

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Bloomberg

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Shared November 7, 2019

In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank's risky investment, a failed IPO and how we got here.

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Jay HM

More content like this Bloomberg. Thoroughly enjoyed this style and topic. Kinda like Vox's "explained" but with business.

3 months ago | [YT] | 1,730

Tom Lis

The short version : Don't call yourself a tech company when you're just renting out office spaces.

3 months ago | [YT] | 1,065

tommc49

Is this a "tech company" because people are sitting around using laptops? By that measure, perhaps Starbucks is a tech company....

3 months ago | [YT] | 1,013

Bonnie

when someone describes their company as a "family," that's your cue to leave

3 months ago | [YT] | 2,759

Conga Line Monkey

When a business talks about its special energy and bringing people together, run like hell.

3 months ago | [YT] | 2,328

PEKKA

2018: WeWork

2019: WeBroke

3 months ago (edited) | [YT] | 1,485

Glenn Goryl

It's just another business model: Start something "outside-the-box", generate a lot of hype, raise lots & lots of cash from stupid people, get fantastically rich - then run like hell..

3 months ago | [YT] | 519

Wayne C.

Wait, he registered the trademark personally and then sold it back to his company and then board is like, 👌. and no one asked any questions?

3 months ago | [YT] | 251

Baatile Kgosiemang

Can’t think of anything worse than trying to concentrate with 100 strangers surrounding me 😭

3 months ago | [YT] | 629

Tyson Liu

Sounds like it is just a office space rental company to me, with lots of bs and exaggeration

3 months ago | [YT] | 481

Peter Fessel

Who are those people being interviewed in this feature? There are no captions.

3 months ago | [YT] | 260

Knicks33

So, basically they created something that’s been going on at Starbucks for years...
A bunch of people drinking coffee and “ working “ on laptops surrounded by a bunch of strangers🤔

3 months ago | [YT] | 200

Mohammad Alahmadi

In very simple words: They basically scammed SoftBank.

3 months ago | [YT] | 173

Kevin Schmidt

This is what happens when a bunch of rich people have convinced each other they are the smartest people on this planet.

3 months ago | [YT] | 1,582

D Gourdine

This is not new people.
This is exactly what happened multiple times during the Dotcom era in the 90’s

3 months ago | [YT] | 291

G breeze

So... they're charging people money for what they could easily do at any library.

2 months ago | [YT] | 110

Martin Ninov

"Let's make everything happen faster with more money"
Ah... the classic corporate absurdity. If one woman can carry a child in 9 months, lets get 9 women in here and do it in a month!

2 months ago | [YT] | 51

Sai Phanindra

"The first mouse to chase the cheese is the one that gets caught in the trap" This is gold.

3 months ago | [YT] | 226

mina samir

"You can't run a business without an adult saying no"
I LOVED that sentence.
In Egypt, we have a proverb : He, who lacks an adult supervisor, must go and buy himself one.

1 month ago | [YT] | 24

Corbin Brown

I like how a woman in this video called it a “cult.” No wonder pyramid schemes love these places.

3 months ago | [YT] | 133


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