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Episode 61: The Wing(s) Get Clipped

Episode 61: The Wing(s) Get Clipped

FromThe Great Fail


Episode 61: The Wing(s) Get Clipped

FromThe Great Fail

ratings:
Length:
25 minutes
Released:
Aug 17, 2023
Format:
Podcast episode

Description

The Wing, a pioneering and exclusive women's co-working space, shattered glass ceilings and secured over $100 million from investors, including WeWork and Airbnb, venture capitalists, and celebrity investors such as Megan Rapinoe, star of the US National Women's Soccer Team, and comedian, writer, and actress Mindy Kaling. At its peak, The Wing held a valuation of approximately $365 million, maintained 11 locations across NY, LA, Boston, and Chicago, and catered to 12,000 members with a waitlist of 9,000. But as The Wing was enjoying its ascent into stardom, its employees would soon threaten to clip the Company’s soaring wings.  Tune in to Episode 61 of The Great Fail to hear the story. Special thanks to Adweek’s Olivia Morley for her contributions to this segment and shout out to Adweek and Acast for their support.  Hosted on Acast. See acast.com/privacy for more information.
Released:
Aug 17, 2023
Format:
Podcast episode

Titles in the series (80)

The Great Fail is a true crime inspired, business podcast that examines the greatest success stories of the most prominent and prolific companies, brands, and people and what led to their demise. If you love true crime and stories of massive failures, you've come to the right place! Here we take a forensic look at stories that will irk you, shock you, and have you picking your jaw up off the floor, all while learning the oftentimes avoidable, mistakes that have ended the lives of companies and left boardrooms looking like crime scenes. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.