22 min listen
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)
Episode 4: We Didn't Work: Failure of WeWork's IPO: We Didn't Work: Failure of WeWork's IPO by The Great Fail