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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