))
WeWork Part Four- I Only See We
Manage episode 424191804 series 3470887
Treść dostarczona przez Emily Walsh and Daniel Moss, Emily Walsh, and Daniel Moss. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Emily Walsh and Daniel Moss, Emily Walsh, and Daniel Moss lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Finally! FINALLY! The investors have started to realize that WeWork is a financial Black Hole and maybe they should stop giving them money. All of WeWorks life rafts abandon them and they are forced to finally turn to public investments.
We learn about their last minute delusional attempt to produce an IPO called Project Wingspan. After their first few attempts fail due to questionable financials and sloppy documentation, Adam is finally forced to resign. And not long after that WeWork was forced to file for Bankruptcy.
If you want to know how a company valued at $47 Billion could possibly go bankrupt, this is the episode for you! Enjoy!
Sources:
“Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork" By Reeves Wiedeman (2020)
“WeCrashed: a Loves Story Worth $47 Billion" By Drew Crevello and Lee Eisenberg Apple TV(2022)
Follow the podcast @yeettherichpod
Follow Emily @thefunnywalsh
Follow Danny @dmoss315
Send us a text! Let us know what topics you want us to cover!
78 odcinków
Udostępnij
