The Rest Is Money 12. FTX & WeWork: It’s The Hype That Kills You
Nov 8, 2023
Financial fraud, WeWork's downfall, and the impact of hype on digital companies. Complexity of financial situations, the importance of jury selection, and surprising verdicts. Money siphoning, effective altruism, and the role of AI. Lessons from FTX and WeWork's fraudulent practices. The significance of Christmas ads and their impact on sales. Supermarket loyalty, competition law, and shopping data. Norway's success in promoting electric cars through incentives and infrastructure.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Reactions to Elon Musk, Financial Fraud, and the Bankruptcy of WeWork
02:24 • 12min
Complexity, Jury Selection, and a Surprising Verdict
14:34 • 2min
Complex Situations and the Role of Effective Altruism
16:12 • 2min
The Downfall of FTX and WeWork: Lessons on Fraud, Hype, and Charismatic Leaders
17:44 • 12min
The Impact of Christmas Ads on Sales
29:57 • 9min
Supermarket Loyalty and Competition Law
39:09 • 5min
Electric Car Infrastructure and Incentives: The Norwegian Example
43:48 • 5min