Naval Ravikant on VCs that replace founders with โbozo CEOsโ
If you want to build a truly great company, you must stay in control.
Naval Ravikant explains it simply:
The best businesses are built by founders who never give up.
Investors who belie
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Anonymous 3
Hey I am on Medialย โขย 2m
Adam Neumann had all the control, and he ran WeWork into the ground. Thereโs a fine line between visionary leadership and unchecked ego. Sometimes, founders are the problem.
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
Havish Gupta
Figuring Outย โขย 7m
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
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
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
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
๐๐๐ฒ๐ฟ๐๐ผ๐ป๐ฒ ๐๐ฎ๐๐ด๐ต๐ฒ๐ฑ ๐๐ณ๐๐ฒ๐ฟ ๐๐ถ๐ $๐ฐ๐ฌ๐ ๐๐ฎ๐ถ๐น๐๐ฟ๐ฒ โ ๐ก๐ผ๐ ๐๐ฒโ๐ ๐๐ฎ๐ฐ๐ธ ๐ช๐ถ๐๐ต ๐๐ต๐ฒ ๐๐ถ๐ด๐ด๐ฒ๐๐ ๐ฉ๐ ๐๐ฒ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ฒ๐ฐ๐ฎ๐ฑ๐ฒ
In 2019, Adam Neumann became the face of one of techโs most infamous disasters.
W
๐Short 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
The Highest-Paid CEOs: Are We Seeing Visionary Leadership or a Broken System?
The data on S&P 500 CEO compensation with over $100 million in total pay. According to this infographic, the Top 10 alone collectively rake in more than $800 million.
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