📈Beyond Headlines: The Bullish Prospects of WeWork and Zoom

Is there anything bullish left for these two companies? Uncovering the untold trajectories.

Business headlines have been buzzing with tales of WeWork's potential bankruptcy and Zoom's unexpected, ironically titled push for office presence. While the prevailing narrative tilts towards skepticism, it begs the question: is there another side to this story in a constantly changing world? Let's delve deeper into the data and explore some possible scenarios.

WeWork: Beyond the Bankruptcy Buzz

Should challenges mount for WeWork, the potential for another industry titan to see its value is undeniable. The co-working space sector isn’t merely holding its own—it's flourishing. Benzinga cites an optimistic 17.28% CAGR, projecting the industry could reach a valuation of USD 32,167.0 million by 2027. Dive into the complete report for more. [LINK]

WeWork's stock has caught the attention of speculative traders on platforms like Reddit's r/wallstreetbets. During AMC Theatres' darkest hour, a key player emerged and sparked a rally that propelled AMC Entertainment's stock. This upward thrust allowed Silver Lake to astutely convert their $600 million debt note from AMC into prized equity. Could a similar twist be in the cards for WeWork? It's possible that WeWork may yet have its day in the spotlight. Time will tell, or as we might jestingly say, "WeHope?"

Zoom: From Pandemic Poster-child to Perennial Powerhouse?

As for Zoom, while urging employees back to the office might seem regressive, let's not oversimplify. Zoom's value proposition stretches well beyond the confines of home offices. And with whispers of new COVID-19 variants on the horizon, Zoom could very well become our mainstay once more. Moreover, Zoom has evolved beyond being 'just another video call platform'. They're eyeing a larger segment of the digital workspace market, backed by investments in AI and a burgeoning app marketplace. To those hung up on Zoom’s privacy policies: they are nimble and will recalibrate. And the users? They'll likely check that new terms and conditions box, much like the rest of us.

In the blue corner stands MS Teams, partnering with OpenAI. Yet, in the red corner, Zoom steps in, allying with Anthropic and their AI marvel, Claude, equipped with Constitutional AI. If you're asking me where to place my chips (and let's be real, you all know we like underdogs) - I'm betting on Zoom. Round one, fight!

Conclusion:

In the dynamic realm of startups and tech entities, change is the only constant. Both WeWork and Zoom have exemplified innovation and agility. Though the present sentiment may be one of caution, the ensuing chapters of their sagas are yet to be penned. It's endlessly captivating to witness how businesses adjust, shift, and occasionally, even astonish. In the startup world, timing is vital, but adaptability to trends and market conditions might determine a billion-dollar valuation and bankruptcy. It's a case of "evolve or die".

NOW, LET’S ROCKET NETWORK!

We are using emojis to guide subscribers in our event list 📅📍

🌶️🔥- something hot

🚀🚀🚀 - must attend

🤓💻 - good for developers and other technical folks

🦄💰- venture Capital and investing related

- energy-related

♻️- renewable energy and sustainability-related

🏥 - health care related

🪖 - veteran or military related

🏅 - sports tech

HERE ARE MY PICKS FOR THIS WEEK

Monday, August 14

Tuesday, August 15

Wednesday, August 16

Thursday, August 17

Friday, August 18

🚀🚀🚀Cup of Joey

Saturday, August 19

FEATURED EVENTS

Community Ask and Founder Spotlight

Big news from Born Global Community! They've just named a new president, Christian (Chris) Mahoney. The spotlight also shines on their freshly appointed Director of Marketing and Communication, Hakeem Tijani, and Digital Marketing Manager, Alejandro Garza, MBA. With such talent on board, Born Global is poised for great things. Watch them and don’t miss their next event [LINK]

Chevron and The Cannon present the Chevron Technology Ventures Pitch Competition. If you want to be considered to pitch for Chevron Technology Ventures, you need to apply by September 1, 2023. Only five companies get to present a five-minute pitch on the day of the competition, September 28, and the prize includes a field trial with Chevron Technology Ventures and six months of flexible workspace at The Cannon. Learn more and apply now. [LINK]

Builders in the #web3 universe: If you're hustling hard and need some jet fuel for your startup, then consider this your invitation. Dive into the opportunity with 3x Capital – they have been deep in the digital asset game before it was cool. 45 investments, 25 home run exits in just 6 years! Remember: Sometimes all a world-class founder needs is another brilliant mind to synergize with. Got questions? Curious? Ping Chris Gonzalez

Shoutout to Ryan Reisner on the SeekerPitch launch! Job seekers! Feel stuck in the keyword rat race? Bored of faceless, inauthentic job descriptions? It’s time to LEVEL UP! Meet hiring managers via video BEFORE the final round & stand out in a sea of generic resumes. Remember, it's not just about skills; it’s your unique story that counts. Students, tired of the silent treatment post-application? Change the game with us. You're not just another resume; you're a game-changer with a narrative. Create your authentic profile NOW. And...stay tuned for some mind-blowing features.

Big congrats to Brandy Guidry on announcing the grand opening! Pearland Innovation Hub is stepping up its game with a new location this September in West Pearland. Kudos to David Graham, the serial entrepreneur powerhouse behind Graham Ventures, Inc., and everyone else involved for backing this exciting expansion. The future of our business community just got brighter! Reserve as spot - [LINK]

Dive into the Roo App! Their north star? Ensuring you ALWAYS have a trustworthy designated driver at your fingertips, globally. The goal is simple: get you & your car home safely, each night, without fail. #YouDrinkWeDrive Connect with the founder Ellis Hubbard III if you like to get involved and learn more.

Check out Foxbat Systems– they're leading the charge with modular solar tech, refining sunlight for unmatched power performance. On a quest to drive space systems, farms & businesses to energy autonomy and undeniable sustainability. Their vision? A world fueled by decentralized, empowering energy. Attention space tech enthusiasts & visionary investors: they're on a fundraising mission. Step into the future with them! #PowerTheFuture #SpaceTechInvest

That’s a wrap for now, HOU-preneurs. Just a quick heads-up: we're taking a short vacation, but don't worry! We’ll still keep you updated with a list of events in a new format. So, expect a little change for the upcoming weeks.

And remember, if you want to be at the forefront of Houston's startup scene, Rocket Network is the place to be. Spread the word!

❤️ - ROCKET NETWORK TEAM

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