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Fortt Knox
CNBC
147 episodes
1 week ago
Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick.
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All content for Fortt Knox is the property of CNBC and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick.
Show more...
Careers
Technology,
Business
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132 - The WeWork IPO: Why the Controversy?
Fortt Knox
24 minutes 41 seconds
6 years ago
132 - The WeWork IPO: Why the Controversy?
I’ve got a business idea. I’m going to take out loans to rent a bunch of apartments around the world. Two-year leases. Then I’m going to decorate them with a super-cool modern vibe … snacks, premium soaps, entertainment spaces… and Airbnb them by the week and half week to vacationers and business travelers for less than they’d pay for a hotel room.   But wait, you say. You’re signing up for two-year leases and only getting commitments in the days and weeks. What if the economy goes bad? What if your landlords raise the rent? What if you try to grow too fast, and your loan payments go up?  Funny you should ask. WeWork’s parent company just filed for an IPO this week, and WeWork’s business model sounds a lot like the one I just described, only it’s office space, not apartments. Is it a good bet?  We’re gonna talk WeWork, we’re gonna talk Viacom/CBS, Disney/Fox, Yahoo/Tumblr, Twitch/Mixr – all kinds of things that come in twos.
Fortt Knox
Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick.