The IPO was a reality check. $1.9B losses, Neumann pocketing millions, and corporate chaos. Investors saw the house of cards and bailed, and rightfully so.
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AprameyaAI • 10m
WeWork's Rise and Fall
2010: Adam Neumann co-founds WeWork
Concept: Trendy coworking spaces
2014-2018: Rapid expansion
• Raises billions in funding
• Valuation hits $47 billion
• Opens locations globally
2019: IPO attempt reveals issues
• Massive
In 2018, he threw a $2 million party to show off his startup’s success.
Private jets. Celebrities. Live music.
But just a year later, his over-the-top lifestyle cost his company $47 billion.
Here’s how one CEO’s bad decisions destroyed a billion-d
After spending just 12 minutes in their office...
SoftBank's CEO wrote them a $4.4B check.
Less than 30 minutes later, he invested another $2B.
Here's the sales pitch WeWork's founder used to convince the world's smartest investors to ignore basic
📈Short story of wework
WeWork started in 2010 when Adam Neumann and Miguel McKelvey saw a chance to rethink office space. After the 2008 recession, empty buildings were plentiful, and freelancers needed affordable places to work. They leased floors
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The next billionaire
Unfiltered and real ... • 4m
Are Startup IPOs Truly Creating Wealth—or Just Exit Liquidity for Founders and VCs?
India has seen a wave of startup IPOs over the last three years - 23 companies went public, promising innovation, disruption, and wealth creation.
But have they tru
𝗛𝗼𝘄 𝗮𝗿𝗲 𝗴𝗮𝗺𝗶𝗻𝗴 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗹𝗶𝗸𝗲 𝗗𝗿𝗲𝗮𝗺𝟭𝟭 𝗲𝗮𝗿𝗻𝗶𝗻𝗴 𝗰𝗿𝗼𝗿𝗲𝘀 𝘄𝗵𝗶𝗹𝗲 𝘁𝗵𝗲 𝗺𝗶𝗱𝗱𝗹𝗲 𝗰𝗹𝗮𝘀𝘀 𝗶𝘀 𝗹𝗼𝘀𝗶𝗻𝗴 𝗹𝗮𝗸𝗵𝘀?
Is it really a business/startup?
I would name it in simple terms.
it's a scam
1. Fundings:
- During the week, 30 Indian startups raised a total of approximately $357.29 million, including 6 growth-stage and 21 early-stage deals, while 3 startups kept their funding details undisclosed.
- Used car platform Spinny raised $131 l
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