First, I unpack the latest news about WeWork, its $9.5 billion rescue package, and how it might affect the future of the co-working industry. The dea
First, I unpack the latest news about WeWork, its $9.5 billion rescue package, and how it might affect the future of the co-working industry. The deal cuts WeWork’s valuation to around $8 billion and increases Softbank’s equity stake in the company to around 80 percent. It also gives ousted CEO Adam Neumman up to $1.7 billion in exchange for most of his shares and his resignation as chairman of the board.
Next, staff writer and Inc.‘s resident Shark Tank expert Emily Canal gives you the lowdown on the show’s new season. Entrepreneurs entering the tank in Season 11, such as eco-friendly cleaning supply startup Blueland, have had more than 10 years to study what types of deals make the Sharks’ tick. Now they are putting their knowledge to the test, and so far it looks like it’s paying off.
Finally, senior writer Christine Lagorio-Chafkin has the scoop on why people are turning to Facebook’s Instagram for more than their daily pick-me-up dose. Female founders including Riveter’s Amy Nelson and Stitch Fix’s Katrina Lake are using the platform to offer startup mentorship at scale.
Check out the full episode in the player below, in iTunes, or wherever you get your podcasts.
This article is from Inc.com