What have Trump, Adam Neumann and Julius Caesar in common?
In this weekly Kaizen, we will firstly take a look at China from two different view points. The first is from Ray Dalio, discussing the Impact of China’s Growth on the World Economy in the second video Kyle Bass, a hedge fund manager, interviews Steve Bannon.
Great video on the final year of Caesar:
Before getting into WeWork, let’s look back into history to get a better understanding of the last year of Caesar, arguably one of the most accomplished humans in history.
Views on WeWork:
Ben Thomson’s Stratechery view on WeWork: The WeWork IPO
Alternative, and entertaining read:
Prof.Scott Galloway on WeWork in his No Mercy/No Malice blog
Also, recommended to read the S1 filling:
Read here We Work’s S1
Softbank Will Succeed Even If Its WeWork Investment Doesn’t Work Out
So, what do I think of WeWork? My prediction is that in 20 years students will try to make sense of how, a heavily indebted real estate company, got valued at 26x revenue. Similar to how students currently look back on the Dot-Com bubble.