Investor Lessons: WeWork Didn't Work


Manage episode 244203693 series 2394432
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
What happened to WeWork? Less than two months ago, the co-working giant was the nation’s most valuable tech startup with plans to go public. Now, IPO plans have been called off, the founder and CEO has stepped down, and the company is trying to borrow $4 billion to stay afloat. It’s one of several start-ups with a high-growth, no-profit story and a lesson for investors about the importance of fundamentals.

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