Dylan VanasFounder & 2x 8-Figure Entrepreneur Empowering Growth

WeWork is One of the BIGGEST Business Flops

Name: WeWork is One of the BIGGEST Business Flops
Uploaded: 2023-10-03T19:30:02+00:00
Duration: 26 s
Channel: Dylan Vanas
Description: This YouTube video (by Dylan Vanas) argues that WeWork collapsed from a peak valuation above $47 billion to under $160 million due to an unsustainable…

3 Oct 2023 · 0 min

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0:26

This YouTube video (by Dylan Vanas) argues that WeWork collapsed from a peak valuation above $47 billion to under $160 million due to an unsustainable business model—notably long-term leases whose expected future value evaporated when COVID-19 reduced demand. The speaker frames WeWork as a likely long-term casualty of these structural problems.

Wework might be one of the biggest business bots of all time. At one point they're valued at over $47 billion and now under 160. What happened? They signed long term leases that were not sustainable. Hoping on the future value of the leases and guess what happened? Covid hit and destroyed them. This WeWork is one of many that will probably not exist for a long time. Heck, it might even become the next Spirit Halloween location.