HIBT Lab! WeWork: Miguel McKelvey

HIBT Lab! WeWork: Miguel McKelvey

When Miguel McKelvey was first featured on How I Built This in 2017, his company was growing at an astounding rate. WeWork was considered the unicorn of unicorns. But after reaching a $47 billion valuation in 2019, WeWork’s tide began to turn. Investors raised concerns about the company’s rapid expansion and unsustainable spending. Miguel’s co-founder Adam Neuman faced accusations of mismanagement and was forced to resign. The company withdrew a long-anticipated IPO filing, and not long after, Miguel left the company he had worked so hard to build. Since then, the cautionary tale of WeWork has become a bit of a cultural obsession, retold on podcasts, a Hulu documentary, and even an Apple TV series this year. This week on How I Built This Lab, Miguel McKelvey returns to reflect on his experience at WeWork, the lessons he’s learned, and what he’s working on now. Listen to Miguel’s original How I Built This episode: https://art19.com/shows/831bd173-0992-41b7-b1eb-112db904d947/episodes/8a630004-341b-435d-a6c2-ef2ef94ca573/embed Listen to the WeCrashed podcast from Wondery: https://wondery.com/shows/we-crashed/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Episoder(882)

Airbnb CEO Brian Chesky: “I Was a Great Founder and a Terrible CEO”

Airbnb CEO Brian Chesky: “I Was a Great Founder and a Terrible CEO”

This episode is available on Youtube: https://youtu.be/ZYf-DfxJg1c Brian Chesky was 26 when he and his co-founders launched Airbnb, turning a few air mattresses in a San Francisco apartment into one ...

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Advice Line with Tope Awotona of Calendly

Advice Line with Tope Awotona of Calendly

Today’s callers: Dominic in London faces challenges with profitability and scaling for his foldable bike helmet. Then, Ivana in Vancouver wonders how to maintain the momentum of her pet gear brand as ...

29 Okt 1h

FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work

FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work

Heather Hasson and Trina Spear saw an opportunity nobody else seemed to notice: millions of healthcare workers were spending long days in uncomfortable, ill-fitting scrubs. So they set out to reinven...

26 Okt 1h 11min

Advice Line with Seth Berkowitz of Insomnia Cookies

Advice Line with Seth Berkowitz of Insomnia Cookies

Today’s callers: Kahindo from New York is looking to reboot her African-rooted fashion brand after losing a few key retailers. Then Tara from San Diego considers avenues to educate consumers about the...

23 Okt 43min

Sweet Loren’s: Loren Castle. How A Recipe Makeover Built a National Cookie Brand

Sweet Loren’s: Loren Castle. How A Recipe Makeover Built a National Cookie Brand

Loren Castle started baking cookies after surviving cancer in her early twenties. Five years later, Sweet Loren’s refrigerated cookie dough was generating just $350,000 a year. But instead of giving u...

19 Okt 1h 8min

Advice Line with Tara Bosch of SmartSweets

Advice Line with Tara Bosch of SmartSweets

Today’s callers: Lindzi from Chicago wants to expand her gourmet marshmallow brand into retail without cannibalizing her high-margin DTC sales. Then, Vivi from Hawaii considers how to best tell her su...

15 Okt 47min

Alamo Drafthouse Cinema: Tim and Karrie League (2023)

Alamo Drafthouse Cinema: Tim and Karrie League (2023)

In the early 1990’s, Tim League spent $50,000 in savings to lease an abandoned movie theater on the wrong side of the tracks—a shaky experiment that eventually grew into a thriving national chain. As ...

12 Okt 1h 21min

Advice Line with Nick Green of Thrive Market

Advice Line with Nick Green of Thrive Market

Today’s callers: Mercedes in Utah tries to find harmony between quality and speed as she scales her concert attire brand for musicians. Then Danny in Colorado grapples with the tradeoffs of growing hi...

8 Okt 45min

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