Pivot Uber is 'disruptive and drunk', weWork is 'just drunk', and Pivot turns 1!
Sep 20, 2019
The hosts celebrate their 1st anniversary with humorous reflections and a look back at memorable moments. They analyze the fallout from WeWork's failed IPO and discuss Amazon's self-serving algorithm. A witty critique emerges on Facebook's new 'Supreme Court' and its questionable effectiveness. Political missteps, including Trudeau's controversy, spark a lively debate. The duo tackles the tension between established brands and Amazon's market practices, all while maintaining a playful banter that keeps listeners entertained.
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WeWork's Downfall
- WeWork's rapid decline from $47B to under $10B demonstrates a major loss of shareholder value.
- This highlights the importance of sound business models and due diligence.
Questionable Investments
- Wall Street Journal reports on Adam Neumann's pot smoking and questionable investments, like a wave pool company.
- This raises questions about due diligence from investors and the board.
Disruption vs. Drunk
- Uber's disruptive innovation lies in connecting underutilized assets (cars) with a part-time labor force.
- Both Uber and WeWork share flawed business models with non-existent margins.