WeWork: Blitzscaling or Blitzflailing?
Prominent news organizations, ranging from The Economist to Wired (multiple times), have been describing WeWork as an example of blitzscaling. New York Magazine offers a vivid example, writing in a WeWork profile: “The [Softbank] Vision Fund began making enormous bets on Uber, Slack, DoorDash, and dozens of other companies, employing a strategy that has come to be known, with some derision, as “blitzscaling”:…
