Topic
Business Failure
5 articles in this thread.
Sonder's collapse shows why platform apartments can't escape their landlord problem
My Sonder stay was good. Its fixed leases, operating costs, and failed Marriott deal were harder to fix than the guest experience.
On Bolt's layoffs
Bolt just cut 29% of its staff after raising nearly $750 million at an $11 billion valuation
WeWork Chapter 11 bankruptcy
In a striking turn of events, WeWork, once a darling of the corporate real estate world, has filed for Chapter 11 bankruptcy protection in New Jersey
Stadia is shutting down
Stadia's shutdown came with refunds, but it exposed the cost of buying games that depended on one company's servers.
Peloton reports wider-than-expected loss
Peloton's 2021 price cut and guidance downgrade raised a basic question: would lower-margin Bikes produce lasting subscribers?