Uploaded May 2026 | Updated September 2026, 2 days ago
We frequently hear about huge failures in business and investing, and for many reasons, including a bit of guilty pleasure in the failures of lofty people. And last decade we had three major questionable companies, Theranos, WeWork, and Juicero, go belly up after raising huge amounts of money. It turned out that two of them didn't even have working products! So why did sophisticated investors throw large amounts of money into empty shells? Let's talk about that today. This is a new entry in the propaganda series as well!
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We frequently hear about huge failures in business and investing, and for many reasons, including a bit of guilty pleasure in the failures of lofty people. And last decade we had three major questionable companies, Theranos, WeWork, and Juicero, go belly up after raising huge amounts of money. It turned out that two of them didn't even have working products! So why did sophisticated investors throw large amounts of money into empty shells? Let's talk about that today. This is a new entry in the propaganda series as well!
Follow me on social media!
x.com/StoryBrain
facebook.com/EverythingStoryChannel
