SUMMARY: The startup WeWork set out to revolutionize the workplace -- leasing, renovating and subletting offices as shared coworking spaces. At the beginning of 2019, it was the single biggest private office tenant in London, New York, and Washington. But the company’s valuation has plunged $40 billion, and it’s now laying off 2400 employees. John Yang talks to The New York Times' Peter Eavis.
SUMMARY: The U.S. military has been closely connected with Silicon Valley since it "started-up" in the 1960s. More recently, the Defense Department has set up an innovation base [DIUx] of sorts to get closer to the new technology companies they need to help with strategic and tactical needs. Special correspondent Michael Cerre reports.
SUMMARY: As attitudes toward meat-eating shift and climate-conscious consumers experiment with alternatives, investors are throwing their money at mock meat startups that are replicating the smell and texture of a meaty burger. Economics correspondent Paul Solman explores the emerging technology that might help Americans wean off of their meat habit.
GWEN IFILL (NewsHour): Behind all the blockbuster success stories out of Silicon Valley, there are scores of ideas that just don’t make it. And some die a pretty slow death.
Special correspondent Steve Goldbloom has our story.
ACTOR: We have got a great name, we have got a great team, we have got a great logo, and we have got a great name. Now we just need an idea. Let’s pivot.
STEVE GOLDBLOOM (NewsHour): HBO’s comedy “Silicon Valley” lampoons start-up culture in the Bay Area. But for those working in the tech scene, it’s like art imitating life. In other words, people really do talk that way.
WOMAN: Pivot is a great one.
NITASHA TIKU, Valleywag: Killing it, crushing it.
WOMAN: Disrupt is the classic one.
NITASHA TIKU: Rock stars, ninjas, Jedi.
GARY KREMEN, CapGain Solutions: Lean in. Bail fast.
NITASHA TIKU: Growth hacker, which is actually just marketing.
JACOB MULLINS, Exitround: I think it’s “The Social Network” movie that over-romanticized how easy it is for college students to become a hundred-billion-dollar company.
