As in they were having offices in only prime locations, which gave them great profits and if adam kept doing the same it would be slow Growth but Sustainable. But adam chose to open a WeWork everywhere, even where not needed.
Adam Neumann, have announced a new venture called WorkFlow which is basically WeWork's competition.
Basic difference between Workflow and Wework is that WeWork signed long-term leases with landlords, then relied on short-term leases for revenue. On
📈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
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
ok, if i gave a business proposal to you,
1 no investments required
2 you will need to have an office (you can use your existing office)
3 need to work online about 3-4 hours per week
4 profit sharing 50-50
5 maybe market visit once in fortnight
6
In this eye-opening video, we explore the fine line between effective leadership and detrimental misguidance. Join us as we dissect five compelling case studies, including the dramatic downfalls of WeWork under Adam Neumann and Theranos with Elizabet
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Vishu Bheda
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Medial • 6m
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
If you're a founder or building something, WeCrashed is a must-watch!
The story of WeWork and Adam Neumann is fascinating, it shows us not just the highs of visionary thinking, but also the lows of what can go wrong when things aren't grounded in re
Starting a business in a bustling city by purchasing a shop in a prime location is a strategic and potentially lucrative decision. Investing in a shop situated in a high-demand area ensures steady foot traffic, attracting both consumers and entrepren
How a Small Regional Ice Cream Brand Built a ₹233 Crore Empire
📊 In a market dominated by multinational giants, Hangyo Ice Creams grew revenue by 50% to reach Rs 233 crore in FY23 while increasing profits nine-fold to Rs 5.8 crore.
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