WeWork's Downfall
Scott discusses the flawed business model of WeWork, highlighting its unsustainable valuation that plummeted from $47 billion to just $60 million. He reflects on his early critique of the company, emphasizing the absurdity of its financial metrics, like "community-based EBITDA." The conversation also touches on the strategic moves of powerful investors, hinting at future developments in the industry.In this clip
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Prof G Markets
Third Quarter Review — with Aswath Damodaran | Prof G Markets
Related Questions
How did WeWork grow so quickly?
Can WeWork be profitable following its bankruptcy strategy as discussed in the episode Ladies and gentlemen: the dregs of the SPAC boom and the clip WeWork's Financial Woes from the Prof G Markets: Third Quarter Review — with Aswath Damodaran?
Can WeWork be profitable following its bankruptcy strategy as discussed in the episode Prof G Markets: Third Quarter Review — with Aswath Damodaran and the clip WeWork's Bankruptcy Strategy?