WeWork Isn't Worth Anywhere Near $20 Billion, NYU's Galloway Says

The transcript discusses the valuation of a company, questioning its worth between $20 billion and $50 billion. It compares this to unrealistic market assessments, like pricing a Toyota Camry at $1 million. The discussion highlights the company's investment strategy, comparing it to competitors and questioning its economic viability. The transcript also addresses IPO concerns, using Uber as a cautionary tale, and critiques the company's valuation, suggesting it doesn't make economic sense as a standalone entity.

What analogy does the speaker use to describe the company's overvaluation?

• Valuing a tech startup at $100 billion

• Auctioning a rare painting

• Pricing a Toyota Camry at $1,000,000

• Selling a luxury yacht at a high price

What is a major concern for IPOs mentioned in the discussion?

• Excessive competition

• Fundamental unit economics

• Lack of investor interest

• High marketing costs

What is a key issue with the company's business model?

• Lack of technological innovation

• Long-term obligations with short-term rentals

• Poor customer service

• High employee turnover

How does the speaker compare the company's valuation to Amazon?

• The company is valued at 12 to 14 times revenues, while Amazon is at 4 times

• Both companies have similar revenue multiples

• Amazon is valued higher due to its brand

• The company has a better growth potential than Amazon

What lesson does the speaker suggest the market is learning from Uber's experience?

• High valuations always lead to success

• Companies that don't make sense are not good investments

• Market trends are unpredictable

• IPO success guarantees long-term profitability