How WeWork Burned $47B in 18 Months
Chapters
About this video
Learn how WeWork burned through 47 billion dollars in just eighteen months. This documentary explores the rise and fall of the co-working giant, from its cult-like leadership to its disastrous IPO. Chapters: 00:00 SoftBank's Masayoshi Son 00:23 The Math Problem 00:45 Falling Revenue 01:01 Growth Over Profit 01:15 Unsustainable Losses 01:34 The S-1 Filing 01:50 $1.9B Loss on $1.8B Revenue 02:08 Not a Tech Company 02:25 IPO Collapse 02:40 The Cult of Neumann 03:08 The Cash Inferno 03:26 The Math Problem 03:47 Falling Revenue 04:15 Growth Over Profit 04:43 Unsustainable Losses 05:01 The S-1 Filing 05:29 The Cult of Neumann 05:46 The Cash Inferno 06:04 The Math Problem Sources & further reading: ā¢ WeWork S-1 IPO Filing ā https://www.sec.gov/Archives/edgar/data/1533523/000119312519220499/d781982ds1.htm ā¢ SoftBank Group Annual Reports ā https://group.softbank/en/ir/library/annual_reports ā¢ Wall Street Journal - WeWork Coverage ā https://www.wsj.com/articles/weworks-collapse-from-47-billion-to-bankruptcy-11669312395 ā¢ Forbes - Adam Neumann Profile ā https://www.forbes.com/profile/adam-neumann/ ā¢ Reuters - WeWork Bankruptcy Filing ā https://www.reuters.com/legal/wework-files-chapter-11-bankruptcy-2023-11-06/ ā¢ SEC Filings for WeWork (The We Company) ā https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001533523
