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Foundering

Author: Bloomberg

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Foundering is a new serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from Silicon Valley, where its companies are wielding unprecedented capital and power. 


147 Episodes
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The WeWork Story, Part 7: After WeWork's failed IPO, thousands of employees were laid off and the company teetered on the brink of collapse. Meanwhile, ousted CEO Adam Neumann flew to Israel with a generous exit package in hand. In this final episode of Foundering, reporter Ellen Huet surveys the wreckage of WeWork. Adam's executives and employees were asking themselves: Did Adam ever really believe in the values he preached? And what lessons will the world draw from WeWork's crash?
The WeWork Story, Part 6: WeWork had spent nine years chasing lightning-fast growth, burning billions of dollars, and expanding around the world. In 2019, the company reached a turning point: WeWork needed even more cash, and Adam Neumann decided to take his company public with a massive IPO. But suddenly, in the span of a few weeks, his plan crashed spectacularly. The almost-IPO flopped and WeWork became a laughingstock. In this episode, reporter Ellen Huet asks: How did the company's fortune flip so fast, and why didn't they see it coming?
The killers of Berta Caceres had every reason to believe they’d get away with murder. More than 100 other environmental activists in Honduras had been killed in the previous five years, yet almost no one had been punished for the crimes. Bloomberg’s Blood River follows a four-year quest to find her killers – a twisting trail that leads into the country’s circles of power. Blood River premieres on July 27.
The WeWork Story, Part 5: Adam Neumann always had wild ambitions. By 2017, he had found an even wilder investor who wanted to fund those ambitions: SoftBank CEO Masayoshi Son. Adam spent his billions from SoftBank on competitive tactics, seemingly random investments, and even an elementary school. In this episode, reporter Ellen Huet explores why this free-wheeling spending was so odd: Adam knew this was a bad idea. In exclusive recordings from internal meetings in 2016, he warned his employees that they had to cut back on WeWork's "spending culture." But once the money poured in, it appeared like he forgot his own advice.
The WeWork Story, Part 4: What happened at WeWork when things got ugly between the company and its employees? As WeWork expanded, a handful of employees wanted to speak out and interrupt the public image that WeWork was presenting to the world. In this episode, reporter Ellen Huet follows the stories of two former workers, some of the first insiders to speak up about what they saw on the job.
The WeWork Story, Part 3: To its thousands of employees, WeWork was much more than a job. Founder Adam Neumann leveraged his employees’ emotions to motivate them. In exclusive tapes obtained by Bloomberg, Adam lectured employees that working at WeWork was special: “You do not get a chance like this again.” In this episode, a former employee describes the tumultuous experience of working inside WeWork’s headquarters, from their raucous parties to the late night meetings.
The WeWork Story, Part 2: WeWork sold office space, but also it sold something else: fun. Beer flowed freely, members partied at the office, and your work was your life. But getting these offices off the ground was utter chaos, especially for the burgeoning company’s young, inexperienced workers. In this episode, reporter Ellen Huet takes a look at WeWork’s early days, when the company was growing so fast that some buildings opened without doors or functioning bathrooms.
The WeWork Story, Part 1: When Adam Neumann dreamed up WeWork, he took inspiration from part of his childhood: his years on a kibbutz in Israel. On stage when discussing WeWork, he waxed poetic about the spirit of community he had found there, and how WeWork was similar, but different -- a “kibbutz 2.0.” So reporter Ellen Huet wanted to find out: Was the kibbutz anything like a WeWork? And how did it shape what Adam later built?
Introducing Foundering

Introducing Foundering

2020-06-1104:193

Adam Neumann had a vision: to make his startup WeWork a wildly successful company that would change the world. He convinced thousands of other people -- customers, employees, investors -- that he could make that dream a reality. And for a while, he did. He was one of the most successful startup founders in the world. But then, in the span of just a few months, everything changed. Foundering is a new serialized podcast from the journalists at Bloomberg Technology. This season, we’ll tell you the story of WeWork, a company that captured the startup boom of the 2010s and also may be remembered as a spectacular bust that marked the end of an era. Foundering premieres June 25, 2020.
Bloomberg Technology reporter Ellen Huet has some exciting news about what's coming in the Decrypted feed. We’re launching a new show, Foundering, and spending our entire first season looking at the story of WeWork.
The Last Decrypted

The Last Decrypted

2019-12-1022:28

This week on Decrypted, hosts Aki and Brad get together one last time for an announcement: This will be the very last episode of Decrypted. They also look back at some of their favorite episodes from the show, with updates on where those stories are today. (But don't unsubscribe from this feed because we'll be announcing a new show next spring!) For a list of episodes Aki and Brad will be discussing: Young Blood and the Pursuit of Eternal Youth He Sparked the Fake News Boom. Then Facebook Broke His Business A Hacker's Redemption, Part 1 and Part 2 Inside a Multinational Cyber Weapons Deal That Went Bust Meet the Whistleblower Behind a Silicon Valley Meltdown Human vs Machine: Fitness Gadgets
Computers can now drive cars, identify faces and transcribe speech, but many experts said that it would take much longer for AI to tackle creative endeavors. This week on Decrypted, Bloomberg Technology's Natalia Drozdiak meets three composers using artificial intelligence to make music, and she and host Aki Ito dissect their robo-generated songs.
Under pressure from users, advertisers and government regulators, YouTube has implemented sweeping changes to its service over the last three years to minimize the spread of harmful and misleading content. But those changes have made it harder for many of its creators to make a living off of the platform. This week on Decrypted, Bloomberg Technology's Mark Bergen visits YouTube whisperer Tim Schmoyer, who advises other YouTube creators on how to adapt to the changing platform.
The U.S.-China trade war has dragged on for more than a year now, harming the livelihoods of people around the world who depend on the two superpowers getting along. This week on Decrypted, Bloomberg Technology's Shelly Banjo profiles one such person: Michael Michelini, an American who moved to China a decade ago to build out his e-commerce business. At the time, Michelini believed that the internet was making the world a more open and interconnected place. Recent tensions between the world's two largest economies have put that faith in doubt.
Warehouse workers suffer from an unusually high rate of injury. Now, at some facilities, workers can wear a sensor on their chest, which buzzes when they’re at risk of getting hurt. But this tracking device also gathers detailed information about the employee’s movements – and sends this data to their employer. This week on Decrypted, Bloomberg Technology’s Joshua Brustein looks at a new technology, whose proponents say will make workplaces safer, but also inspires concern about workplace surveillance.
Over the summer, Elon Musk unveiled the details of his secretive startup Neuralink. Its goal, he said, is to place electrodes in our brains so we can control a computer with our thoughts. Its experiments have so far been limited to rodents and monkeys, but Neuralink builds on strides already made in medicine, where doctors have successfully placed implants into human brains to treat a variety of illnesses. This week on Decrypted, Bloomberg Technology’s Sarah McBride visits the primate lab that’s been carrying out Neuralink’s research, and meets the doctors and the patients at the forefront of this emerging field.
Bloomberg's Travel Genius podcast is back! After clocking another hundred-thousand miles in the sky, hosts Nikki Ekstein and Mark Ellwood have a whole new series of flight hacking, restaurant sleuthing, and hotel booking tips to inspire your own getaways—along with a who's who roster of itinerant pros ready to spill their own travel secrets. From a special episode on Disney to a master class on packing, we'll go high, low, east, west, and everywhere in between. The new season starts Nov. 6.
Hong Kong's pro-democracy protests have ensnared a number of companies, including one U.S. company that has the most to lose in China: Apple Inc. This week on Decrypted, Bloomberg Technology's Alistair Barr breaks down the iPhone maker's controversial decision to reject an app built to aid Hong Kong residents living through the protests, and discusses what's at stake for Apple both at home and abroad.
Congress, the Federal Trade Commission, the Department of Justice and state governments across the U.S. are investigating the tech giants for anti-competitive behavior. This week on Decrypted, Bloomberg Technology’s Eric Newcomer walks us through those investigations, and outlines how a Democratic president may take it even further in 2021.
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Comments (12)

J.

While I think wework is a cult and it should be exposed, this lady and her action are not honorable. Also shame on the reporter to defend corporate theft.

Jul 14th
Reply

William

Didn't mention the transportation and use of weed on an international flight.

Sep 25th
Reply

ChandyTech

The postcast content is great, good work👍🏻. I hate the volumes which is a notch high than the podcast volume, have to keep on reducing volumes. Which i hate doing often during the ride.

Jul 12th
Reply (2)

Daniel K. Ofori-Dankwa

As a student currently studying computer science, I like keeping up with news on technology so this is a great series for me.

Jan 4th
Reply

Abhishek Banerjee

It’s good to get a view from Iran

Oct 2nd
Reply

Lafayette Howell

What a thoughtful and insightful discussion that shows real effort with diversity and inclusion does in fact pay off.

Jul 24th
Reply

Benjamin Mace

wtf does this have to do with it?

Apr 26th
Reply

Gurpreet Singh Chana

Great podcast!

Dec 19th
Reply

Vishesh Raisinghani

Really good episode. Informative. thanks

Nov 21st
Reply

Jack Lavin

I enjoy the content decrypted offers and the "soon to come" technology is alway intresting. Enjoy!

Sep 11th
Reply
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