Business Extra: Flying cars and the WeWork wolf in tech clothing
Boeing and Porsche are working together to develop the concept and test the prototype for an electric vertical take-off and landing (eVTOL) car. The National’s Mustafa Alrawi, Assistant Editor in Chief, and Future Editor Kelsey Warner discuss their enthusiasm, and some scepticism, about the announcement and whether flying cars will ever get off the ground.
They also discuss WeWork — a company with a grand vision to change the way people work and eventually how they live. The company's somewhat unconventional co-founders charted a meteoric growth that wowed investors and propelled the company to a $47 billion valuation, one of the highest for a start-up. But a plan to raise even more money through an IPO on Nasdaq Dubai set off a series of events as investors raised concerns about its model, its governance and its valuation. Co-founders Adam and Rebekah Neumann have since stepped down from their positions and now job cuts are on the horizon.
In this episode:
Flying Cars (1m 21s)
WeWork (8m 34s)
Headlines (27m 30s)
Updated: November 6, 2019 11:12 AM