Sam Bankman-Fried (formerly of FTX) was not the only overrated CEO to drive a billion-dollar company into the ground. It is more common than you think. Throughout history, there have been many overhyped and overvalued companies that have gone belly up. In this episode, entrepreneur Justin Leonard revisits five high profile tech company disasters.

EPISODE SHORTCUTS

00:00 Introduction

01:06 Webvan Bankrupt Within 3 Years

01:42 Pets.com Goes Belly Up

02:15 Theranos Fails Due to Fraud

02:53 Quibi Streaming Service Tanks

03:33 WeWork Financial Disaster

04:31 Amazon Almost Failed But Got Lucky

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Leonard School of Business Innovation

https://www.leonardinnovation.com