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Corporate Gossip

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Corporate Gossip
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  • [Patreon Exclusive] Sonder: It's official, everything's a scam now :)
    Listen to the full episode on Patreon. Join today at the Murdoch's Mates level and get FOUR bonus epiosdes every month plus the Corporate Gossip Book Club and group chat!  On Monday morning thousands of travelers were locked out of their Sonder hotel rooms and told: Sorry! Our business isn't businessing anymore :) Executives at both Marriott and Sonder turned their phones on Do Not Disturb as frazzled front line employees tried to manage fuming customers. At first glance, this just seems like a mismanaged PR crisis, but there's SO much more to the story: A bay area unicorn led by a Forbes 30 under 30 wunderkind, co-opted by VC maniacs speeding down the the 2021 SPAC super highway, bailing right before the crash and leaving unwitting investors holding the bag. INTO THE CORPORATE DUMPSTER!!! Links: Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Gores SPAC's High Redemptions Signal Worsening Sector Sentiment Sonder faces class action investigation after delaying financial results due to errors in past statements Sonder Seeks Room in Post-Covid-19 Lodging San Francisco property-tech company, once worth $1.9B, suddenly goes belly-up Dear Sonder Guest, Your Hotel Is Closed
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  • Outdoor Voices: Ty Haney's Groundhog Day (UNLOCKED!)
    This is an updated and unlocked version of an episode that was earlier published exclusively on Patreon. Join now and enjoy FOUR extra episodes a month for as little as $5!  Ty Haney is back at Outdoor voices, the cult athleisure brand she founded. Can she successfully suck us all into her time machine back to 2014? Or will this company's death rattle be loud enough to convince the brand's private equity investors to put OV out of its misery.  Today, Adam and Becca try to figure out how the once beloved brand got so weird and shitty and how Ty Haney fell off the top of the Abby Lee Miller girl boss pyramid.  All pics can be found on Substack Watch on Youtube  Email our good news correspondant with tips: [email protected] Advertise on the Corporate Gossip Podcast Links:  Outdoor Voices Became A Staple For Millennial Cool Girls Thanks To Its Chill Aesthetic. Employees Say They Were Drowning. Outdoor Voices Founder Ty Haney Has Moved On. Mostly. Three years after her dramatic exit as CEO, she still has some things she'd like to say. How Outdoor Voices, a Start-Up Darling, Imploded Ty Haney is Elon Musk's Reply Guy Outdoor Voices founder Ty Haney accused of defrauding investors in $3M energy drink deal    
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  • Victoria's Secret: Sex pests all the way down
    The demon living inside Les Wexner's head brings us into the Victoria's Secret gremlin lair! Adam and Becca go back to the early 2000s to tell the story of the rise and fall of this retail behemoth and the corporate crooks who drove it into the ground.  CW: Sexual Assault, Suicide  Join us on Patreon for bonus episodes and the aftershow Pics from this episode on Substack Watch on YouTube Thanks to our sponsor, Manager Method. Use code GOSSIP for 10% off!  Visit the Pullman National Historical Park  Email our good news correspondant with tips: [email protected]  Timestamps:  00:00 - Intro & Ed Razek's creep club  16:30 - The toxic culture inside Victoria's Secret  25:00 - Les Wexner's childhood & mommy issues 42:00 - Jack Fucking Welch shows up!!! The fall of Victoria's Secret  Links:  Selling Sexy: Victoria's Secret and the Unraveling of an American Icon 'Angels' in Hell: The Culture of Misogyny Inside Victoria's Secret The Mogul and the Monster: Inside Jeffrey Epstein's Decades-Long Relationship With His Biggest Client
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  • [Patreon Exclusive] Scams in the Manosphere part 2: Tai Lopez's Ponzi Scheme
    Listen to the full episode on Patreon. Join today at the Murdoch's Mates level and get FOUR bonus epiosdes every month plus the Corporate Gossip Book Club and group chat!  On a chilly October night, I like to cuddle up with a good ponzi scheme. It's my comfort fraud Links: 'Do You Believe I'm a Scam? Haha' Tai Lopez became YouTube famous promising men they too could own a Lamborghini. Then came the alleged Ponzi scheme. Tai Lopez's RadioShack Ponzi Scheme Read the SEC complaint This Clown Is Still Around its always the guy you suspect the most
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  • Activision Blizzard's Final Boss
    Please Rate and Review this Podcast!!  CW: Suicide, Sexual Assault  Join the Patreon for the aftershow and tons of bonus content  No game developer would even think to create a dungeon troll as sinister as Bobby Kotick. Bobby's life is a video game where gobbling up cash is the mission and when it comes to retribution there is no side quest too small!  When the WSJ drops a bombshell report about years of sexual harassment and toxic culture at Activsion Blizard, will Bobby Kotick finally run out of lives? Or will he respawn in the form of a trash goblin who gets bonus points for punching down? Thanks to our sponsor Borough House Creative Advertise on the Corporate Gossip Podcast Watch on YouTube Time Stamps:  00:00 - Background on Activision Blizzard 09:30 - Bobby Kotick meets Daddy Wynnbucks and becomes an adopted nepo baby, starts game publisher Activision and develops expert level skill in suing people less rich than him 29:30 - Blizzard origin story, early reports of sexual harassment  51:00 - Activision Blizzard merger, Bobby Kotick turns the company into the Triangle Shirtwaist factory while board members look the other way  56:00 - Bobby Kotick completes the CEO right of passage - bending over for the CCP!  60:00 - The lights come on and everyone realizes Bobby Kotick is a little dungeon troll  Note:  Activision Blizzard denied any wrongdoing, and the settlement confirms California Civil Rights Department (CRD) could not substantiate those claims. As part of the settlement, the CRD withdrew the claims related to harassment from its complaint. Links:  Play Nice (book)  'Scorched earth' and big profits: How embattled gaming titan Bobby Kotick outlasts his opponents At Blizzard, groping, free-flowing booze and fear of retaliation tainted 'magical' workplace Blizzard Sets Off Backlash for Penalizing Hearthstone Gamer in Hong Kong Activision CEO Bobby Kotick Knew for Years About Sexual-Misconduct Allegations at Videogame Giant A group of Activision workers say their C.E.O. should step down. Parents Say Sexual Harassment at Activision Blizzard Led to Their Daughter's Suicide
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About Corporate Gossip

Business news for gossip lovers. From boardroom shakeups to c-suite scandals, the Corporate gossip podcast brings you all the Wall Street tea. CPA scorned Becca Platsky and her brother, data analytics playboy Adam Platsky are your hosts.
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