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 3m
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
ayush kabra
Building LagaoSolarย โขย 1y
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
Vishu Bheda
ย โขย
Medialย โขย 3m
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
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
Mehul Fanawala
ย โขย
The Clueless Companyย โขย 9m
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
Any here from real estate business.
I want to start from 0 in broker.
How was the field and how was the your experience pls tell me.
6 replies6 likes
Rohan A
On My Wayย โขย 17d
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
2 replies6 likes
Mesride Tech
Software hamara, bus...ย โขย 10m
Dropbox (Current market cap : $8B) started as a one page site hosted on AWS.
Lesson to learn : start small, dream big.
Don't let your tech. complexities makes you fail your business.