Startup Failure

WeWork's $47B Implosion: When 'Vibe' Can't Pay the Rent

WeWork's $47B Implosion: When 'Vibe' Can't Pay the Rent

The Quick Take From $47B valuation to bankruptcy in under a decade — WeWork’s collapse is what happens when “vibe” eclipses business fundamentals. It sold a real estate arbitrage model as a world-changing tech story, and investors bought the hype… until the numbers came due.

Read More
Quibi: $1.7B Later—How to Stop Digging In Digital Bets

Quibi: $1.7B Later—How to Stop Digging In Digital Bets

In 2020, Quibi launched with $1.7B from A-list investors and a game plan: create Hollywood-grade short videos for your phone, and take over mobile streaming. It shut down in 7 months, leaving a punchline where a unicorn was supposed to be.

Read More