After Hours cover image

After Hours

WeWork, and Can the Government Really Print as Much Money as It Wants?

Feb 20, 2019
Debating the sustainability of WeWork's success and exploring Modern Monetary Theory. Also, discussing effective government spending, heartwarming YouTube videos, and the experience of using a high-quality chef's knife.
31:37

Podcast summary created with Snipd AI

Quick takeaways

  • WeWork's success hinges on disruptive business models and long-term leasing strategies, contrasting with traditional norms and sparking societal shifts in workplace trends.
  • Modern Monetary Theory challenges conventional economic views, advocating for government spending without debt concerns but raising issues of inflation and the need for institutional safeguards.

Deep dives

Innovative Business Models and Valuations in Modern Startups

The podcast delves into the success of modern startups like WeWork, highlighting their unique business models despite financial challenges. WeWork's focus on long-term leasing and societal shifts towards inspiring workplaces disrupted traditional norms. Although its valuation far exceeds realistic measures compared to similar companies like Regus, the role of SoftBank's massive investments distorting valuations is critiqued.

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