EPISODE · Jun 18, 2024 · 1H 21M
WeWork Part Four- I Only See We
from Yeet the Rich
Finally! FINALLY! The investors have started to realize that WeWork is a financial Black Hole and maybe they should stop giving them money. All of WeWorks life rafts abandon them and they are forced to finally turn to public investments. We learn about their last minute delusional attempt to produce an IPO called Project Wingspan. After their first few attempts fail due to questionable financials and sloppy documentation, Adam is finally forced to resign. And not long after that WeWork was forced to file for Bankruptcy.If you want to know how a company valued at $47 Billion could possibly go bankrupt, this is the episode for you! Enjoy!Sources:“Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork" By Reeves Wiedeman (2020)“WeCrashed: a Loves Story Worth $47 Billion" By Drew Crevello and Lee Eisenberg Apple TV(2022)Follow the podcast @yeettherichpodFollow Emily @thefunnywalshFollow Danny @dmoss315Send us a text! Let us know what topics you want us to cover!
Embed this episode
What this episode covers
Finally! FINALLY! The investors have started to realize that WeWork is a financial Black Hole and maybe they should stop giving them money. All of WeWorks life rafts abandon them and they are forced to finally turn to public investments. We learn about their last minute delusional attempt to produce an IPO called Project Wingspan. After their first few attempts fail due to questionable financials and sloppy documentation, Adam is finally forced to resign. And not long after...
NOW PLAYING
WeWork Part Four- I Only See We
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.