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.
Bolt's layoffs left its checkout advantage unclear
Bolt's December 2023 staff cuts made me question its checkout advantage. A four-day workweek was a hiring perk, not a business case.
WeWork's bankruptcy brought the leases back into view
WeWork filed for Chapter 11 in November 2023. Flexible office bookings could not make its long-term lease commitments flexible.
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?