Reacts: Adam Neumann's Big Raise - And What We Can All Learn From It

The founder of WeWork, Adam Neumann, spent countless billions of investor money on the way to a failed IPO that values the company at over $50 Billion. Now, it is worth just one-tenth of that amount. The WeWork story was presented as one of disgrace and faiure. Now Adam Neumann is back in the news, having raised $350 million from Andreesen Horowitz in what may be the largest Pre Seed capital raise in history. How did that happen? In this episode, we discuss: The external media narrative on WeWork vs. the Silicon Valley narrative Why Adam Neumann's failure at WeWork makes him so investable What this tells us about how venture capitalists view failure The need for boldness and risk-taking when running a startup and raising capital https://www.linkedin.com/company/the-startup-pod/ Follow us on Twitter @ybernstein @chrissaad ***Leave us a rating and review in your favourite podcast app***