WeWork, and Can the Government Really Print as Much Money as It Wants?
After Hours
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The Distorted Valuation of WeWork by MegaVCs
The chapter delves into SoftBank's inflated investment in WeWork, raising its valuation to $40 billion and questioning its sustainability amidst high costs and profitability concerns. The hosts analyze the discrepancy between the company's capital-intensive nature and its tech company-like valuation, critiquing its claims of innovation and value. The conversation also explores the challenges of scaling WeWork's shared residential spaces and education services while reflecting on the self-delusion within the business world and the impact of venture capital hype.
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