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
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Anonymous 1
Stealth • 4m
I think Softbank’s Masa was at fault too. A lot of money was committed without any due diligence.
0 replies1 like
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The next billionaire
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Sajith Pai recently posted
TIL that Doug Leone was v unhappy w Masa for 'overfunding' Oyo, and giving their voting rights to Ritesh Agarwal.
The culture clash is real:
Doug Leone: "Oyo doesn't need the money"
Masa: "We will give him so much mon
I've been searching for jobs from few years so I could manage my pocket money as my dad has a small buisness from there I learnt that how eco and commerce is important for me for him? them? I tried many ways but every single job offer I got was a sca
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Yash
Stealth • 3m
India needs Something as big as ( or more ) then ".com boom" in 1999. People were investing Money in anything and even the Loss were a Profit at that time. A guy planned his IPO before even Incorporating his Company. Money was getting Invested withou
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Surya
Stealth • 2m
What makes for an ideal business acquisition?
->Bootstrapped: A company that has grown without heavy outside funding tends to be more stable.
->Strategic Fit: The acquisition should complement your existing operations and enhance synergy.
->Experie