In 2018, he threw a $2 million party to show off his startupโs success.
Private jets. Celebrities. Live music.
But just a year later, his over-the-top lifestyle cost his company $47 billion.
Hereโs how one CEOโs bad decisions destroyed a billion-d
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Anonymous 3
Hey I am on Medialย โขย 5m
WeWork was more about the party than the business. A big lesson in balancing vision with real strategy!
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
Is passion more important than business strategy in start up ?
2 replies3 likes
Mridul Das
Introvert!ย โขย 1m
What makes a strategy truly successful?
Not just buzzwords & vision boardsโreal results need real thought.
Here are 5 smart & realistic elements you shouldnโt miss if you are building something big .
1. Balance ambition with reality
Dream big, yes.
Is this the right time to enter into solar installation epc business or it's a little late to the party ? Vision is to create something in Solar and renewable business combined. What are your thoughts?
3 replies10 likes
Nawal
Entrepreneur | Build...ย โขย 29d
Tinder didnโt grow with ads. It grew with parties ๐ฅ ๐ ๐ฅณ
When Tinder launched in 2012, nobody cared.
Dating apps werenโt cool yet.
People felt awkward about being seen on one.
Tinder needed users. Lots of them. Fast.
So, what did they do?
They
In 2018, he threw a $2 million party to show off his startupโs success.
Private jets. Celebrities. Live music.
But just a year later, his over-the-top lifestyle cost his company $47 billion.
Hereโs how one CEOโs bad decisions destroyed a billion-d
In 2018, WeWork tried to raise $20 billion from SoftBank's Vision Fund. The deal was almost finalized, but major investors in the fund, including Saudi Arabia opposed it, causing the deal to collapse. Now, in 2025, OpenAI has raised a $40 billion rou
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5 replies18 likes
Mehul Fanawala
ย โขย
The Clueless Companyย โขย 10m
Here is the BIG NEWS I was talking about.
We got the trademark for The Clueless Companyยฎ! ๐
It's more than just a name to us - it's our identity. This marks the start of an exciting chapter.
Remember, persistence and vision create milestones. ๐
Founders, whatโs the biggest mistake you made while building your startup, and what lesson did it teach you?
I believe mistakes teach us more than anything elseโdrop your insights in the comments and share some โrealโ knowledge!
0 replies2 likes
Rohan A
On My Wayย โขย 1m
In 2018, the flight crew of the private plane Adam Neumann rented for a trip to Israel found a sizable chunk of drugs in cereal boxes.
After this event, WeWork acquired a Gulfstream G650 for $60 million.
I wonder why WeWork was still in losses ๐