AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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.