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I Only See We- Part Four of WeWork
Manage episode 424191804 series 3470887
Το περιεχόμενο παρέχεται από το Emily Walsh and Daniel Moss, Emily Walsh, and Daniel Moss. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Emily Walsh and Daniel Moss, Emily Walsh, and Daniel Moss ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.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
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