The Spectacular Rise and Fall of WeWork

Video
In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank’s risky investment, a failed IPO and how we got here.

The Breakdown showcases rise-and-fall stories from the modern business world, told through the lens of Bloomberg reporting. Episodes look at what contributed to not only the success of a business or organization, but also the turning point at which the fall began. Prior stories covered include the NRA, Hertz, WeWork, Boeing, Kodack and many more. See the full series: https://youtube.com/playlist?list=PLqq4LnWs3olWs0miiytL-wndnY0TXNnSf
——–
Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1
Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join

Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

Products You May Like

Articles You May Like

Charlie Munger’s acumen, wisdom and irreverence: Investors mourn the loss of one-of-a-kind legend
Charlie Munger lived in the same home for 70 years: Rich people who build ‘really fancy houses’ become ‘less happy’
Tennessee was an ‘early adopter’ of financial literacy in public high schools, advocate says
GitLab shares soar as developer tools company posts first adjusted operating profit
Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show

Leave a Reply

Your email address will not be published. Required fields are marked *