Categories
Business Tech

Private Investing vs Public Investing = Tale of Failed IPOs

I posted this on Twitter, but thought I would also share on here as it really showed the difference between private investing and public investing.

Some companies that have market caps less than the total money they have raised:

Bird ($120M mkt cap vs $1.2B raised)

Wish ($810M mkt cap vs $2.9B raised)

WeWork ($2.8B mkt cap vs $16.2B raised)

Lyft ($5.1B mkt cap vs $7.3B raised)

Categories
Business Video

Adam Neumann Talks Failed IPO and WeWork in the Future

This is a great interview with Adam Neumann – who is the former CEO and founder of WeWork. This is his first interview since he tried to take the company public and the valuation of the company halved overnight. He talks about the situations around that previously failed IPO attempted and what is happening now with WeWork.