HIBT Lab! WeWork: Miguel McKelvey

When Miguel McKelvey was first featured on How I Built This in 2017, his company was growing at an astounding rate. WeWork was considered the unicorn of unicorns. But after reaching a $47 billion valuation in 2019, WeWork’s tide began to turn. Investors raised concerns about the company’s rapid expansion and unsustainable spending. Miguel’s co-founder Adam Neuman faced accusations of mismanagement and was forced to resign. The company withdrew a long-anticipated IPO filing, and not long after, Miguel left the company he had worked so hard to build. Since then, the cautionary tale of WeWork has become a bit of a cultural obsession, retold on podcasts, a Hulu documentary, and even an Apple TV series this year.  This week on How I Built This Lab, Miguel McKelvey returns to reflect on his experience at WeWork, the lessons he’s learned, and what he’s working on now.  Listen to Miguel’s original How I Built This episode: https://art19.com/shows/831bd173-0992-41b7-b1eb-112db904d947/episodes/8a630004-341b-435d-a6c2-ef2ef94ca573/embed Listen to the WeCrashed podcast from Wondery: https://wondery.com/shows/we-crashed/ Learn more about your ad choices. Visit podcastchoices.com/adchoices