Although one of the charms of our podcast is that Arne and Chander have different perspectives on almost everything, today both of us share the view that WeWork (officially, The We Company) is overvalued and its governance practices are questionable. Last week, WeWork filed its S1 with the SEC for its Initial Public Offering (IPO). In this podcast episode, we analyze WeWork's business model, valuation, and business practices.
We also discuss why companies pivot, how to do it, and what are the challenges related to pivoting.
Please join us for a friends of Valley Nordic gathering in Oslo on September 4th evening. Details and RSVP here.
Useful Links
1. The We Company S1
2. Buffett and Munger on investing and other things