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My Five Nights at a $20 Billion Startup’s Dorm-Like Apartment

My Five Nights at a $20 Billion Startup’s Dorm-Like Apartment

(Bloomberg) -- In 2014, WeWork told its investors that its next big thing would be a product called WeLive: a dorm-like apartment that applies the company's success in providing office space to the home life. Investors were told there would be 34 WeLive locations by the end of 2017; today, there are just two. This week on Decrypted, Bloomberg Technology's Ellen Huet spends five nights at a WeLive apartment in New York to figure out why growth has come so slow, and what that means for the future of this $20 billion startup.

Want to hear more? Subscribe on Apple Podcasts and Pocket Casts for new episodes every week. Decrypted is a podcast that uncovers the hidden projects, quiet rivalries and uncomfortable truths in the global technology industry. 

To contact the authors of this story: Ellen Huet in San Francisco at ehuet4@bloomberg.net, Aki Ito in San Francisco at aito16@bloomberg.net.

To contact the editor responsible for this story: Pia Gadkari at pgadkari@bloomberg.net, Magnus Henriksson

©2017 Bloomberg L.P.