It was 2007 and Prologis, a darling on Wall Street for the previous decade, experienced a rapid decline in stock price from $70 to $2 a share in a matter of months. In the blink of an eye, the one time investor favorite became the 3rd worst performing stock on the S&P.
With over 230 events scheduled around the Denver business community this week, it is no doubt that Denver Startup Week has become a force for connection and innovation among entrepreneurs, investors, developers, marketers and sales teams across the country.
Last year’s five-day event drew over 7,800 startup community members and 700 companies to more than 180 events. This week’s event promises to be bigger and better and is, in fact, the largest such event in the nation.
It was hard not to do a double take scanning headlines this week. WeWork, a provider of shared office space, announced a $10 billion valuation. The jaw-dropping figure was revealed after Fidelity Management & Research agreed to invest $400 million in the company.
Just over a year ago, the company was valued at only $1.5 billion. WeWork’s success and explosive growth has been the subject of debate around the water cooler. How does a company that simply sublets office space become so successful in such a short period of time? There are a variety of reasons, of course. But, one thing is for sure … WeWork’s success has a lot to do with WHO is subletting their space and WHY.
Denver’s Quarterly Forum provides a place for emerging executives to “dream more, learn more, do more and become more.” We couldn’t agree more.
QF is a non-partisan leadership organization with members representing diverse industries but bound by professional ambition and commitment to the community. Canopy’s participation with QF has opened doors and provided experiences that are educational and inspiring. The topic at a recent QF Breakfast Program was B Corps – what they are and are not, their value and increasing appeal to businesses worldwide.
The writing on the cake reads Congratulations! Or, Best Wishes! It is all smiles at the office going-away party. Or, maybe it is a baby shower hosted by co-workers. But, what happens when the party is over?
Work must carry on despite the void left by an executive moving on or an employee taking maternity leave. This time of transition can bring uncertainty and added stress to co-workers who feel the burden of additional responsibility or unclear leadership. Bringing on the right interim leader to your team can ensure a smooth transition for the return of an employee on-leave or the hiring of a new executive.