Distilling Venture Capital

Episode 006 – UNICORN-MANIA – WeWork & its Investors Confront Reality

Informações:

Sinopse

  Introduction Welcome to Distilling Venture Capital.  I am your host, Bill Griesinger Distilling VC is a visionary podcast that provides an insightful and informed view of the key trends affecting the VC and tech startup world.  My mission is to cut through and go beyond the hype that tends to dominate the tech landscape.  And provide you with information you can use   Opening Observations: Hello everyone, and welcome back.  I promised you in the prior Episode that I would devote this Episode to distilling down one of the most famous poster-kids for Unicorns-aren’t-real; WeWork Today, I am going to provide you the insights and analysis that the technology and financial press, investors and others have failed to deliver to you over the last few years regarding this tarnished unicorn. To set the stage though, let’s do a quick timeline review of WeWork leading up to and then after its failed IPO of Sept. of 2019:   WeWork valued itself at a cool $47B by early 2019 and, that in fact would be its valuation l