How WeWork plunged from almost $50 billion in value to nearly worthless

Journalists Eliot Brown and Maureen Farrell discuss the rise and fall of workspace company WeWork in their new book “The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion.”

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#wework #EliotBrown #MaureenFarrell #thecultofwe

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32 thoughts on “How WeWork plunged from almost $50 billion in value to nearly worthless

  1. Nothing about this video told me "How WeWork plunged from almost $50 billion in value to nearly worthless".

    According to this video, he raised a lot of money, had a surf instructor and hairstylist in the Hamptons and end of story.

  2. These companies that operate like cults are an opportunistic infection. Their little spores are always floating over our economy but it's only when the right kind of fools are in charge that these things flourish. In this case it's a bunch of men in their 50s and 60s some in their 70s and 80s but most with lead poisoning from when lead was put in gasoline and they grew up got in their brain and it never came out and now they're angry dumb and impulsive. Also known as cult food.

  3. Many companies are now looking to keep their people at home because its cheaper for them with not paying rent. Also many of the staff prefer to work from home as they no longer have to spend a large part of their day travelling to work and back. And people starting their own businesses prefer to work from home so no need to rent office space. A trend which has been happening for some time now.

  4. the way they designed the interior is amazing you can be in there all day and not feel like leaving its one of the best places to work as a freelancer or entrepreneur however as they started to lower the cost to membership it has attracted some lower quality people, so I left and went to a new place which is only for tech start ups

  5. I was in a We Work for a few months before I got a better job. They set 15 of us up in one tiny room. Conference rooms were a joke and hard to get much actual work done. People who ran it were great loved the perks even had beer in the fridge for a while, video games in the hall, and smores nights. Best part was I could bring my dog on occasion.

  6. Face it, capitalism is done. Let's move on. Shareholders aren't even the main focus of corporations anymore, it's about enriching the CEOS.
    Invest in the green space so at least we can save the planet.

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