4.4 • 1.6K Ratings
🗓️ 22 July 2019
⏱️ 40 minutes
🧾️ Download transcript
Of all the “unicorn” startups in recent years, perhaps none induces more skepticism than WeWork. Thanks to its gigantic losses and unusual business practices, many view it as the ultimate emblem of Silicon Valley irrationality. But there are some bulls who say the company is misunderstood! On this week’s episode, we speak with Sandy Kory, a managing director at Horizon Partners, about why he’s bullish on WeWork and how it’s misunderstood by so many people.
See omnystudio.com/listener for privacy information.
Click on a timestamp to play from that location
0:00.0 | Join us in New York on November 29th for the Bloomberg Canadian Finance Conference, |
0:04.6 | proudly sponsored by National Bank of Canada Financial Markets. |
0:07.8 | 2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely |
0:13.8 | insights and actionable strategies. We'll have senior government |
0:17.1 | officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well |
0:21.9 | as speakers from Northland Power, World Bank, Transolta, and many more. |
0:26.0 | Register at Bloomberg Live.com slash Canadian Finance slash radio. Hello and |
0:45.0 | I'm Tracy Allaway. |
0:49.0 | Tracy Allaway. |
0:50.0 | Tracy 2019 has been a lot of interesting things that have happened in markets so far this year |
0:56.1 | but one of the defining characteristics I think has to be that it's really been the year of the |
1:01.6 | IPO or at least IPOs have been a big story in a |
1:04.8 | way that they haven't been in a long time. Right and not just any IPOs we've |
1:08.8 | had quite a few tech company IPOs right so we had let's see |
1:14.8 | Uber beyond meat both like relatively |
1:18.8 | I guess some people would call it unsuccessful giving the share price performance since then. |
1:25.0 | Well, Uber, I guess, has been a little bit unsuccessful in the fact that it didn't have a pop. |
1:29.0 | And Beyond Meat is unsuccessful in the other direction in the sense that it soared to an insane degree since it went public |
1:37.2 | implying that the company left a lot of money on the table. Although to be honest |
1:45.6 | you know, when stocks or I get this argument that a company left a lot of money on the table, but I doubt anyone is |
1:49.6 | really complaining because they're all crazy rich now, so. Oh yeah you you hear that all the time that the underwriters messed up or something but yeah I doubt anyone who's standing there watching like the listing price watching their net value go up is actually upset about that one. |
2:03.0 | Yeah like are they really that upset and they can always sell more stock in a secondary |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.