For 52 years, Bed, Bath &amp; Beyond was the destination for high-quality home goods merchandise, top brands, and a discovery zone for home shopping that made it inspiring and fun. By January 2014, the company had operated more than 1500 stores in North America and had reached a share price of $70 dollars. Despite all the success, the company would soon become a victim of mismanagement, burdened with debt and unwanted inventory, unaware that its own fate would soon be put on layaway.  Tune in to Episode 60 of The Great Fail to hear the story. Special thanks to Seth Basham for his contributions to this segment. Sources: Bed Bath &amp; Beyond Used to Be Great. These Two Are Why. Inside Overstock’s grand plan to reinvent itself as Bed Bath &amp; Beyond All Buy Buy Baby stores losing after last-ditch deal falls through The $11.8 billion mistake that led to Bed Bath &amp; Beyond’s demise 3 key mistakes that doomed Bed Bath &amp; Beyond The rise and fall of Bed Bath &amp; Beyond, the iconic housewares retailer that has filed for bankruptcy and is closing its remaining stores After 52 Years, Why Bed Bath &amp; Beyond Went Bankrupt What Went Wrong at Bed Bath &amp; BeyondThe Hidden Reason Behind Bed Bath &amp; Beyond's Demise Bed Bath &amp; Beyond and bankrupt? Bed Bath &amp; the great Beyond: How the home goods giant went bankrupt Why is Bed Bath &amp; Beyond failing? Reasons behind bankruptcy protection explored  Hosted on Acast. See acast.com/privacy for more information.

For 52 years, Bed, Bath &amp; Beyond was the destination for high-quality home goods merchandise, top brands, and a discovery zone for home shopping that made it inspiring and fun. By January 2014, the company had operated more than 1500 stores in North America and had reached a share price of $70 dollars. Despite all the success, the company would soon become a victim of mismanagement, burdened with debt and unwanted inventory, unaware that its own fate would soon be put on layaway.  Tune in to Episode 60 of The Great Fail to hear the story. Special thanks to Seth Basham for his contributions to this segment. Sources: <a href="https://www.wsj.com/articles/bed-bath-beyond-bankruptcy-stock-founders-11674778627" rel="noopener noreferrer nofollow" target="_blank">Bed Bath &amp; Beyond Used to Be Great. These Two Are Why.</a> <a href="https://www.modernretail.co/operations/inside-overstocks-grand-plan-to-reinvent-itself-as-bed-bath-beyond/" rel="noopener noreferrer nofollow" target="_blank">Inside Overstock’s grand plan to reinvent itself as Bed Bath &amp; Beyond</a> <a href="https://www.usatoday.com/story/money/2023/07/14/buy-buy-baby-closing-stores-bankruptcy-deal/70415021007/" rel="noopener noreferrer nofollow" target="_blank">All Buy Buy Baby stores losing after last-ditch deal falls through</a> <a href="https://www.cnn.com/2023/04/25/business/bed-bath-beyond-share-repurchases/index.html" rel="noopener noreferrer nofollow" target="_blank">The $11.8 billion mistake that led to Bed Bath &amp; Beyond’s demise</a> <a href="https://www.cbsnews.com/news/bed-bath-beyond-retail-collapse-stores/" rel="noopener noreferrer nofollow" target="_blank">3 key mistakes that doomed Bed Bath &amp; Beyond</a> <a href="https://africa.businessinsider.com/retail/the-rise-and-fall-of-bed-bath-and-beyond-the-iconic-housewares-retailer-that-has/b4e5ems" rel="noopener noreferrer nofollow" target="_blank">The rise and fall of Bed Bath &amp; Beyond, the iconic housewares retailer that has filed for bankruptcy and is closing its remaining stores</a> <a href="https://www.forbes.com/sites/petercohan/2023/04/23/after-52-years-why-bed-bath--beyond-went-bankrupt/?sh=ba086c11afd1" rel="noopener noreferrer nofollow" target="_blank">After 52 Years, Why Bed Bath &amp; Beyond Went Bankrupt</a> <a href="https://knowledge.wharton.upenn.edu/article/what-went-wrong-at-bed-bath-beyond/" rel="noopener noreferrer nofollow" target="_blank">What Went Wrong at Bed Bath &amp; Beyond</a><a href="https://www.nasdaq.com/articles/the-hidden-reason-behind-bed-bath-beyonds-demise" rel="noopener noreferrer nofollow" target="_blank">The Hidden Reason Behind Bed Bath &amp; Beyond's Demise</a> <a href="https://www.vox.com/the-goods/2023/1/10/23547078/bed-bath-and-beyond-bankruptcy-closing-earnings-bbby-stock" rel="noopener noreferrer nofollow" target="_blank">Bed Bath &amp; Beyond and bankrupt?</a> <a href="https://www.npr.org/2023/04/24/1152070914/bed-bath-the-great-beyond-how-the-home-goods-giant-went-bankrupt" rel="noopener noreferrer nofollow" target="_blank">Bed Bath &amp; the great Beyond: How the home goods giant went bankrupt</a> <a href="https://www.sportskeeda.com/pop-culture/why-bed-bath-beyond-failing-reasons-behind-bankruptcy-protection-explored" rel="noopener noreferrer nofollow" target="_blank">Why is Bed Bath &amp; Beyond failing? Reasons behind bankruptcy protection explored</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 60: Bed, Bath &…Bankrupted

The DeLorean was one of the most era-defining cars of the ‘80s. Sleek, sexy, and unconventional, this iconic car had much promise-- engineering ingenuity, celebrity fanfare, and media hype. But less than a year after it rolled out its first cars, the Company would collapse in a tailspin of lies, drug scandal, bankruptcy, racketeering, criminal trials, and government conspiracies. Find out what led to the downfall of the DeLorean Motor Company on Episode 40 of The Great Fail.Learn more about your ad choices. Visit megaphone.fm/adchoices Hosted on Acast. See acast.com/privacy for more information.

The DeLorean was one of the most era-defining cars of the ‘80s. Sleek, sexy, and unconventional, this iconic car had much promise-- engineering ingenuity, celebrity fanfare, and media hype. But less than a year after it rolled out its first cars, the Company would collapse in a tailspin of lies, drug scandal, bankruptcy, racketeering, criminal trials, and government conspiracies. Find out what led to the downfall of the DeLorean Motor Company on Episode 40 of The Great Fail.Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="noopener noreferrer nofollow" target="_blank">megaphone.fm/adchoices</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Flashback: The DeLorean: Time Machine to Nowhere

In 1952, Revlon created one of the most iconic, paradigm-shifting ad campaigns known as "Fire &amp; Ice," which posed a dramatic twist on why women wore makeup. Instead of seeking male admiration, it empowered women by prioritizing their ambitions and needs. For decades, Revlon spearheaded feminism and cosmetic innovation, establishing itself as the world's second-largest producer, with products sold in 150 countries. However, in 2022, it faced another transformative phase, resulting in Revlon's once-vibrant prominence fading in its luster. Tune in to Episode 59 of The Great Fail to hear the story. Special thanks to Robin Albin for her contributions to this segment. Revlon Sources  What Went Wrong at Revlon Why did cosmetic giant Revlon fail? Revlon Proves That You Can Be Too Big To Fail Here’s why Revlon just filed for bankruptcy—no, it’s not because of the #NoMakeup movement Revlon, Beauty Icon In Crowded Market, Files For Bankruptcy Revlon files for bankruptcy in US after supply chain trouble and surging costs Revlon: makeup icon falls to social media rivals Wikipedia: Revlon Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge Citibank can’t get back $500 million it wired by mistake, judge rules What went wrong with cosmetics giant Revlon? Bankrupt beauty: Lessons from Revlon’s supply chain failures This 1952 Ad Was The First To Acknowledge That Women Wear Makeup For Themselves, Not Men  Hosted on Acast. See acast.com/privacy for more information.

In 1952, Revlon created one of the most iconic, paradigm-shifting ad campaigns known as "Fire &amp; Ice," which posed a dramatic twist on why women wore makeup. Instead of seeking male admiration, it empowered women by prioritizing their ambitions and needs. For decades, Revlon spearheaded feminism and cosmetic innovation, establishing itself as the world's second-largest producer, with products sold in 150 countries. However, in 2022, it faced another transformative phase, resulting in Revlon's once-vibrant prominence fading in its luster. Tune in to Episode 59 of The Great Fail to hear the story. Special thanks to Robin Albin for her contributions to this segment. Revlon Sources <a href="https://www.businessoffashion.com/articles/beauty/revlon-bankruptcy-why/#:~:text=Revlon%20filed%20for%20Chapter%2011,independent%20brands%20stole%20market%20share." rel="noopener noreferrer nofollow" target="_blank">What Went Wrong at Revlon</a> <a href="https://tfipost.com/2022/06/why-did-cosmetic-giant-revlon-fail/" rel="noopener noreferrer nofollow" target="_blank">Why did cosmetic giant Revlon fail?</a> <a href="https://www.luxuo.com/homepage-slider/revlon-bankruptcy-supply-chain-beauty-industry.html" rel="noopener noreferrer nofollow" target="_blank">Revlon Proves That You Can Be Too Big To Fail</a> <a href="https://www.fastcompany.com/90761939/revlon-bankruptcy-why-debt-supply-chain-explained" rel="noopener noreferrer nofollow" target="_blank">Here’s why Revlon just filed for bankruptcy—no, it’s not because of the #NoMakeup movement</a> <a href="https://www.outlookindia.com/business/revlon-bankruptcy-news-revlon-beauty-icon-in-crowded-market-files-for-bankruptcy-news-202951" rel="noopener noreferrer nofollow" target="_blank">Revlon, Beauty Icon In Crowded Market, Files For Bankruptcy</a> <a href="https://www.theguardian.com/business/2022/jun/16/revlon-bankruptcy-us-supply-chain-costs" rel="noopener noreferrer nofollow" target="_blank">Revlon files for bankruptcy in US after supply chain trouble and surging costs</a> <a href="https://www.theguardian.com/fashion/2022/jun/18/revlon-makeup-icon-falls-to-social-media-rivals" rel="noopener noreferrer nofollow" target="_blank">Revlon: makeup icon falls to social media rivals</a> <a href="https://en.wikipedia.org/wiki/Revlon" rel="noopener noreferrer nofollow" target="_blank">Wikipedia: Revlon</a> <a href="https://www.reuters.com/article/us-citigroup-revlon-lawsuit/citigroup-cannot-recoup-revlon-payouts-after-nearly-900-million-gaffe-u-s-judge-idUSKBN2AG1TJ" rel="noopener noreferrer nofollow" target="_blank">Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge</a> <a href="https://www.cnn.com/2021/02/16/business/citibank-revlon-lawsuit-ruling/index.html" rel="noopener noreferrer nofollow" target="_blank">Citibank can’t get back $500 million it wired by mistake, judge rules</a> <a href="https://www.inventiva.co.in/stories/what-went-wrong-cosmetics-giant-revlon/" rel="noopener noreferrer nofollow" target="_blank">What went wrong with cosmetics giant Revlon?</a> <a href="https://supplychainchannel.co/bankrupt-beauty-lessons-from-revlons-supply-chain-failures/" rel="noopener noreferrer nofollow" target="_blank">Bankrupt beauty: Lessons from Revlon’s supply chain failures</a> <a href="https://www.bustle.com/p/revlons-fire-ice-campaign-in-1952-was-the-first-ad-to-acknowledge-women-wear-makeup-for-themselves-12159808" rel="noopener noreferrer nofollow" target="_blank">This 1952 Ad Was The First To Acknowledge That Women Wear Makeup For Themselves, Not Men</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 59: Revlon Gets Creamed

In 1895, Schwinn was driven by the pursuit of an American dream when bicycling was still a relatively new sport. As one of the longest-standing bicycle companies, Schwinn signified influence and innovation amidst a biking craze that further catapulted their success. But over the years, it would lose its luster after a series of poor leadership decisions that led it to a dead end. Get the full story on Episode 58 of The Great Fail to hear the story. Special thanks to Jay Townley for his contributions to this segment.SCHWINN SOURCES No Hands: The Rise and Fall of the Schwinn Bicycle Company, an American Institution by Judith Crown and Glenn Coleman Schwinn Bicycle Company A Short History of Schwinn: 1990s Bankruptcy though 2021 No hands: The rise and fall of the Schwinn Bicycles Company: an American institution, Judith Crown &amp; Glenn Coleman, Henry Holt&amp;Co. A Rough Ride for Schwinn Bicycle Schwinn Cycle and Fitness L.P. - Company Profile, Information, Business Description, History, Background Information on Schwinn Cycle and Fitness L.P. Hosted on Acast. See acast.com/privacy for more information.

In 1895, Schwinn was driven by the pursuit of an American dream when bicycling was still a relatively new sport. As one of the longest-standing bicycle companies, Schwinn signified influence and innovation amidst a biking craze that further catapulted their success. But over the years, it would lose its luster after a series of poor leadership decisions that led it to a dead end. Get the full story on Episode 58 of The Great Fail to hear the story. Special thanks to Jay Townley for his contributions to this segment.SCHWINN SOURCES <a href="https://www.strategy-business.com/article/17848" rel="noopener noreferrer nofollow" target="_blank">No Hands: The Rise and Fall of the Schwinn Bicycle Company, an American Institution by Judith Crown and Glenn Coleman</a> <a href="https://en.wikipedia.org/wiki/Schwinn_Bicycle_Company" rel="noopener noreferrer nofollow" target="_blank">Schwinn Bicycle Company</a> <a href="https://www.dougbarnesauthor.com/2022/04/a-short-history-of-schwinn-1990s.html?m=0" rel="noopener noreferrer nofollow" target="_blank">A Short History of Schwinn: 1990s Bankruptcy though 2021</a> <a href="https://yannigroth.com/2010/03/16/rise-fall-schwinn-bicycles/" rel="noopener noreferrer nofollow" target="_blank">No hands: The rise and fall of the Schwinn Bicycles Company: an American institution, Judith Crown &amp; Glenn Coleman, Henry Holt&amp;Co.</a> <a href="https://www.washingtonpost.com/archive/politics/2004/12/03/a-rough-ride-for-schwinn-bicycle/483cd816-485e-4b54-ae9d-44b58ffb1e9c/" rel="noopener noreferrer nofollow" target="_blank">A Rough Ride for Schwinn Bicycle</a> <a href="https://www.referenceforbusiness.com/history2/27/Schwinn-Cycle-and-Fitness-L-P.html" rel="noopener noreferrer nofollow" target="_blank">Schwinn Cycle and Fitness L.P. - Company Profile, Information, Business Description, History, Background Information on Schwinn Cycle and Fitness L.P.</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

When the Wheels Came Off for Schwinn Bicycles

Mars Hill was a Seattle-based church led by Mark Driscoll- a beloved, endearing, powerful presence in the evangelical Christian community. He built Mars Hill into one of the fastest-growing churches in the nation, with close to 15,000 attendees and an additional 260,000 viewers tuning in online every week. But behind the perfect persona, was a twisted reality waiting to be uncovered. What was revealed in its final days was a trail of abuse, fraud, intimidation, sexism, and a fall from grace that would make it one of the most spectacular collapses in Christianity today.  Listen to Episode 57 of The Great Fail to hear the full story. Special thanks to Adweek and Acast and Professor Jeremy Cohen for contributing to this episode.  Mars Hill Sources 'The Rise and Fall of Mars Hill': The abuses of a superstar pastor and megachurch ruins left behind Lawsuit: Controversial Pastor Ran Mars Hill Megachurch Like a Crime Syndicate WHO KILLED MARS HILL CHURCH? THERE’S ONE SUSPECT EVANGELICALS SIMPLY AREN’T PREPARED TO INTERROGATE How a Megachurch Melts Down Wikipedia: Mars Hill Church Megachurch pastor Mark Driscoll was an evangelical rock star. Here's how he fell from grace. Wikipedia: Mark Driscoll  Special Guest: Jeremy Cohen, Assistant Professor, Department of Religious Studies, McMaster University Jeremy Cohen is an anthropologist of religion and an Assistant Professor at McMaster University in the Department of Religious Studies, where he teaches courses on topics ranging from cults and conspiracy theories to death and dying, and the occult. His research examines new religious movements seeking radical longevity and immortality, and the intersections of science, technology, and religion.  Jeremy has written for the Globe and Mail, The Conversation, and the Hamilton Spectator, and has been featured in the NY Post, Coast to Coast AM Radio, and Inverse Magazine. He is also the co-founder and co-editor of the death and dying resource, TalkDeath.com.  Hosted on Acast. See acast.com/privacy for more information.

Mars Hill was a Seattle-based church led by Mark Driscoll- a beloved, endearing, powerful presence in the evangelical Christian community. He built Mars Hill into one of the fastest-growing churches in the nation, with close to 15,000 attendees and an additional 260,000 viewers tuning in online every week. But behind the perfect persona, was a twisted reality waiting to be uncovered. What was revealed in its final days was a trail of abuse, fraud, intimidation, sexism, and a fall from grace that would make it one of the most spectacular collapses in Christianity today.  Listen to Episode 57 of The Great Fail to hear the full story. Special thanks to Adweek and Acast and Professor Jeremy Cohen for contributing to this episode.  Mars Hill Sources <a href="https://www.wbur.org/hereandnow/2022/01/20/mars-hill-mark-driscoll-podcast" rel="noopener noreferrer nofollow" target="_blank">'The Rise and Fall of Mars Hill': The abuses of a superstar pastor and megachurch ruins left behind</a> <a href="https://www.thedailybeast.com/lawsuit-controversial-pastor-ran-mars-hill-megachurch-like-a-crime-syndicate" rel="noopener noreferrer nofollow" target="_blank">Lawsuit: Controversial Pastor Ran Mars Hill Megachurch Like a Crime Syndicate</a> <a href="https://religiondispatches.org/who-killed-mars-hill-church-theres-one-suspect-evangelicals-simply-arent-prepared-to-interrogate/" rel="noopener noreferrer nofollow" target="_blank">WHO KILLED MARS HILL CHURCH? THERE’S ONE SUSPECT EVANGELICALS SIMPLY AREN’T PREPARED TO INTERROGATE</a> <a href="https://www.theatlantic.com/national/archive/2014/11/houston-mark-driscoll-megachurch-meltdown/382487/" rel="noopener noreferrer nofollow" target="_blank">How a Megachurch Melts Down</a> <a href="https://en.wikipedia.org/wiki/Mars_Hill_Church#:~:text=Eleven%20of%20the%20Mars%20Hill,where%20the%20church's%20sermons%20remain." rel="noopener noreferrer nofollow" target="_blank">Wikipedia: Mars Hill Church</a> <a href="https://www.vox.com/2014/8/24/6050155/megachurch-pastor-mark-driscoll-was-an-evangelical-rock-star-heres" rel="noopener noreferrer nofollow" target="_blank">Megachurch pastor Mark Driscoll was an evangelical rock star. Here's how he fell from grace.</a> <a href="https://en.wikipedia.org/wiki/Mark_Driscoll" rel="noopener noreferrer nofollow" target="_blank">Wikipedia: Mark Driscoll</a> Special Guest: Jeremy Cohen, Assistant Professor, Department of Religious Studies, McMaster University Jeremy Cohen is an anthropologist of religion and an Assistant Professor at McMaster University in the Department of Religious Studies, where he teaches courses on topics ranging from cults and conspiracy theories to death and dying, and the occult. His research examines new religious movements seeking radical longevity and immortality, and the intersections of science, technology, and religion.  Jeremy has written for the Globe and Mail, The Conversation, and the Hamilton Spectator, and has been featured in the NY Post, Coast to Coast AM Radio, and Inverse Magazine. He is also the co-founder and co-editor of the death and dying resource, <a href="http://TalkDeath.com" rel="nofollow" target="_blank">TalkDeath.com</a>.  Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 57: The Downfall of the Mars Hill Church

FTX was once touted as the cryptocurrency trading platform with its founder, visionary Sam Bankman-Fried, promising to revolutionize the industry.This once-promising company was on a path to decentralize and democratize a highly complex investment within the crypto world but by 2022, headlines that read, “Scam of the Century”, “Bank Fraud and Conspiracy”, and “Criminal Charges” pointed to a grim future.What happened and who was to blame? Listen to episode 56 of The Great Fail to hear the full story with special guest Jason Notte, staff writer at Adweek.  FTX Sources Have celebs learned their lesson from the FTX debacle? The rise and fall of FTX The Collapse of FTX: What Went Wrong with the Crypto Exchange? Tom Brady And Other A-Listers Sued For Fumbling FTX Endorsements FTX Investors Sue Celebrity Endorsers Celebrity Crypto-Hawkers Should Get a Close Look Timeline: The rise and spectacular fall of FTX SBF: THE VIRTUE WAS THE CON Why Did FTX Collapse? Here’s What to Know.  Should Sports Stars And Celebrities Endorse Or Accept Crypto Pay After Entanglement In FTX Scandal? Sports stars lending legitimacy to crypto firms raises ethical questions when many fans can’t afford to lose The Fall of FTX and Sam Bankman-Fried: A Timeline  Special Guest: Jason Notte, Staff Writer at Adweek Jason is an Adweek staff writer covering the business of marketing. Jason has previously covered marketing, technology and personal finance and for TheStreet, MarketWatch and MSN Money.  Hosted on Acast. See acast.com/privacy for more information.

FTX was once touted as the cryptocurrency trading platform with its founder, visionary Sam Bankman-Fried, promising to revolutionize the industry.This once-promising company was on a path to decentralize and democratize a highly complex investment within the crypto world but by 2022, headlines that read, “Scam of the Century”, “Bank Fraud and Conspiracy”, and “Criminal Charges” pointed to a grim future.What happened and who was to blame? Listen to episode 56 of The Great Fail to hear the full story with special guest Jason Notte, staff writer at Adweek.  FTX Sources <a href="https://www.latimes.com/entertainment-arts/business/story/2023-01-18/has-hollywood-learned-its-lesson-from-the-ftx-debacle" rel="noopener noreferrer nofollow" target="_blank">Have celebs learned their lesson from the FTX debacle?</a> <a href="https://www.npr.org/2022/11/19/1138018369/the-rise-and-fall-of-ftx" rel="noopener noreferrer nofollow" target="_blank">The rise and fall of FTX</a> <a href="https://www.investopedia.com/what-went-wrong-with-ftx-6828447#:~:text=FTX%20filed%20for%20bankruptcy%20on,reserve%20to%20meet%20customer%20demand." rel="noopener noreferrer nofollow" target="_blank">The Collapse of FTX: What Went Wrong with the Crypto Exchange?</a> <a href="https://www.forbes.com/sites/ariredbord/2023/02/01/tom-brady-and-other-a-listers-fumble-ftx-endorsements-but-will-they-be-held-liable/?sh=123cb0877d8c" rel="noopener noreferrer nofollow" target="_blank">Tom Brady And Other A-Listers Sued For Fumbling FTX Endorsements</a> <a href="https://www.hollywoodreporter.com/business/business-news/ftx-investors-sue-celebrity-endorsers-1235263511/" rel="noopener noreferrer nofollow" target="_blank">FTX Investors Sue Celebrity Endorsers</a> <a href="https://www.nytimes.com/2022/12/17/opinion/crypto-ftx-crash-celebrity.html" rel="noopener noreferrer nofollow" target="_blank">Celebrity Crypto-Hawkers Should Get a Close Look</a> <a href="https://www.aljazeera.com/economy/2022/12/13/timeline-the-rise-and-spectacular-fall-of-ftx" rel="noopener noreferrer nofollow" target="_blank">Timeline: The rise and spectacular fall of FTX</a> <a href="https://nymag.com/intelligencer/article/sam-bankman-fried-ftx-bankruptcy-what-happened.html" rel="noopener noreferrer nofollow" target="_blank">SBF: THE VIRTUE WAS THE CON</a> <a href="https://www.nytimes.com/2022/11/10/technology/ftx-binance-crypto-explained.html" rel="noopener noreferrer nofollow" target="_blank">Why Did FTX Collapse? Here’s What to Know. </a> <a href="https://www.forbes.com/sites/jackkelly/2022/12/13/will-sports-stars-and-celebrities-continue-to-endorse-or-accept-pay-in-crypto-after-being-entangled-in-the-ftx-scandal/?sh=2a97eaaa1b1a" rel="noopener noreferrer nofollow" target="_blank">Should Sports Stars And Celebrities Endorse Or Accept Crypto Pay After Entanglement In FTX Scandal?</a> <a href="https://fortune.com/2022/12/17/sports-stars-promoting-ftx-crypto-firms-sponsorships-fans-ethics/" rel="noopener noreferrer nofollow" target="_blank">Sports stars lending legitimacy to crypto firms raises ethical questions when many fans can’t afford to lose</a> <a href="https://www.cnet.com/personal-finance/crypto/the-fall-of-ftx-and-sam-bankman-fried-a-full-timeline-of-events/" rel="noopener noreferrer nofollow" target="_blank">The Fall of FTX and Sam Bankman-Fried: A Timeline</a> Special Guest: Jason Notte, Staff Writer at Adweek Jason is an Adweek staff writer covering the business of marketing. Jason has previously covered marketing, technology and personal finance and for TheStreet, MarketWatch and MSN Money.  Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 56: FTX - From Irresistible to Criminal 

The Great Fail kicks off Season 3 with one of the biggest failures of 2023 thus far, as we watched one of the nation’s largest banks unravel. Once a rising star in the tech industry, Silicon Valley Bank was a paragon for startup founders and venture capitalists reaching dizzying heights of success in 2020. So how did it go from boom to bust just a few short years after? Was it greed, mismanagement, or something more sinister? You won't want to miss this riveting exploration of Silicon Valley Bank's rise and fall. Listen to Episode 55 of The Great Fail to hear the story. Special thanks to Professor Mark T. Williams for his contributions to this segment. SourcesFor 40 years, Silicon Valley Bank was a tech industry icon. It collapsed in just days WHAT REALLY HAPPENED TO SILICON VALLEY BANK What Happened to Silicon Valley Bank? The tech industry moved fast and broke its most prestigious bank Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours The Ugly Lessons of Silicon Valley Bank’s Collapse Why almost everyone failed to predict Silicon Valley Bank’s collapse Fed's Barr to Congress: SVB's failure is 'textbook case of mismanagement' This is why SVB imploded, says top Fed official FDIC says First Citizens Bank has reached deal to purchase Silicon Valley Bank Silicon Valley Bank Collapse: Lessons for Boards Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell? Silicon Valley Bank: A Timeline and Summary of Events Silicon Valley Bank's demise began with a downgrade threat  Hosted on Acast. See acast.com/privacy for more information.

The Great Fail kicks off Season 3 with one of the biggest failures of 2023 thus far, as we watched one of the nation’s largest banks unravel. Once a rising star in the tech industry, Silicon Valley Bank was a paragon for startup founders and venture capitalists reaching dizzying heights of success in 2020. So how did it go from boom to bust just a few short years after? Was it greed, mismanagement, or something more sinister? You won't want to miss this riveting exploration of Silicon Valley Bank's rise and fall. Listen to Episode 55 of The Great Fail to hear the story. Special thanks to Professor Mark T. Williams for his contributions to this segment. Sources<a href="https://www.npr.org/2023/03/15/1163269781/silicon-valley-bank-svb-collapse-history" rel="noopener noreferrer nofollow" target="_blank">For 40 years, Silicon Valley Bank was a tech industry icon. It collapsed in just days</a> <a href="https://thephiladelphiacitizen.org/what-really-happened-to-silicon-valley-bank/" rel="noopener noreferrer nofollow" target="_blank">WHAT REALLY HAPPENED TO SILICON VALLEY BANK</a> <a href="https://www.investopedia.com/what-happened-to-silicon-valley-bank-7368676" rel="noopener noreferrer nofollow" target="_blank">What Happened to Silicon Valley Bank?</a> <a href="https://www.theverge.com/23635692/silicon-valley-bank-svb-collapse-explainer-startups-venture-capital" rel="noopener noreferrer nofollow" target="_blank">The tech industry moved fast and broke its most prestigious bank</a> <a href="https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html" rel="noopener noreferrer nofollow" target="_blank">Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours</a> <a href="https://www.wired.com/story/the-ugly-lessons-of-silicon-valley-banks-collapse/" rel="noopener noreferrer nofollow" target="_blank">The Ugly Lessons of Silicon Valley Bank’s Collapse</a> <a href="https://www.cnn.com/2023/03/26/business/silicon-valley-bank-red-flags/index.html" rel="noopener noreferrer nofollow" target="_blank">Why almost everyone failed to predict Silicon Valley Bank’s collapse</a> <a href="https://finance.yahoo.com/news/feds-barr-to-congress-svbs-failure-is-textbook-case-of-mismanagement-175627335.html" rel="noopener noreferrer nofollow" target="_blank">Fed's Barr to Congress: SVB's failure is 'textbook case of mismanagement'</a> <a href="https://www.cnn.com/2023/03/27/economy/michael-barr-testimony-svb-failure/index.html" rel="noopener noreferrer nofollow" target="_blank">This is why SVB imploded, says top Fed official</a> <a href="https://www.foxbusiness.com/markets/fdic-first-citizens-bank-reached-deal-purchase-silicon-valley-bank" rel="noopener noreferrer nofollow" target="_blank">FDIC says First Citizens Bank has reached deal to purchase Silicon Valley Bank</a> <a href="https://www.directorsandboards.com/articles/singlesilicon-valley-bank-collapse-lessons-boards" rel="noopener noreferrer nofollow" target="_blank">Silicon Valley Bank Collapse: Lessons for Boards</a> <a href="https://www.newsbtc.com/news/is-moodys-ratings-downgrade-the-reason-why-silicon-valley-bank-fell/amp/" rel="noopener noreferrer nofollow" target="_blank">Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?</a> <a href="https://www.lowenstein.com/news-insights/publications/client-alerts/silicon-valley-bank-a-timeline-and-summary-of-events-debt-finance" rel="noopener noreferrer nofollow" target="_blank">Silicon Valley Bank: A Timeline and Summary of Events</a> <a href="https://www.cnbc.com/amp/2023/03/11/silicon-valley-banks-demise-began-with-downgrade-threat.html" rel="noopener noreferrer nofollow" target="_blank">Silicon Valley Bank's demise began with a downgrade threat</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 55: Silicon Valley Bank: From Boom to Bust

For over 4 decades, Tower Records was a pioneer in the music industry and the bedrock of record store culture. It was run by rebels and outsiders, where founder Russ Solomon was revered and idolized. Tower would become the mecca for music fans creating a generation that lived by their diehard slogan, “No Music, No Life”. For decades, it seemed like the sun would never set on the iconic yellow and red letters that illuminated so many urban cityscapes. But that light would eventually burn out... Hosted on Acast. See acast.com/privacy for more information.

For over 4 decades, Tower Records was a pioneer in the music industry and the bedrock of record store culture. It was run by rebels and outsiders, where founder Russ Solomon was revered and idolized. Tower would become the mecca for music fans creating a generation that lived by their diehard slogan, “No Music, No Life”. For decades, it seemed like the sun would never set on the iconic yellow and red letters that illuminated so many urban cityscapes. But that light would eventually burn out... Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Flashback: Adapt or Die - The Fall of Tower Records

In January 2021, the world watched as Reddit traders faced off with Wall Street elites in a trading mania over GameStop shares. Matei Psatta, one of the traders of the subreddit WallStreetBets, joins us this week to comment on what this means and why the financial markets may never be the same. Hosted on Acast. See acast.com/privacy for more information.

In January 2021, the world watched as Reddit traders faced off with Wall Street elites in a trading mania over GameStop shares. Matei Psatta, one of the traders of the subreddit WallStreetBets, joins us this week to comment on what this means and why the financial markets may never be the same. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Flashback: GameStop - The Big Short....Squeeze

People tend to think that Netflix killed Blockbuster – but that's not true. Blockbuster's demise was actually caused by something far more self-destructive, and almost a decade after the fall of this movie rental giant, there are still misconceptions about what really occurred. Get the scoop on how Blockbuster was taken down, here on The Great Fail. Hosted on Acast. See acast.com/privacy for more information.

People tend to think that Netflix killed Blockbuster – but that's not true. Blockbuster's demise was actually caused by something far more self-destructive, and almost a decade after the fall of this movie rental giant, there are still misconceptions about what really occurred. Get the scoop on how Blockbuster was taken down, here on The Great Fail. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Flashback: The Blockbuster Bust

The Great Fail is a true crime inspired, business podcast that examines the greatest success stories of the most prominent and prolific companies, brands, and people and what led to their demise. If you love true crime and stories of massive failures, you've come to the right place! Here we take a forensic look at stories that will irk you, shock you, and have you picking your jaw up off the floor, all while learning the oftentimes avoidable, mistakes that have ended the lives of companies and left boardrooms looking like crime scenes. Hosted on Acast. See acast.com/privacy for more information.

The Great Fail is taking a break this week. Instead of normal programming, The Great Fail is hosting Metaverse Marketing, another podcast series in the Adweek Podcast Network. In this Season 2 premiere, host Cathy Hackl, metaverse and web3 strategist, dives into how the metaverse is changing our world both on and offline. Hackl explores what it truly means to build a community and why it is such a hot topic in Web3 and the metaverse. Follow Cathy on Twitter: @CathyHacklSubscribe to Adweek's Metaverse Marketing on your favorite podcast platform!You can listen and subscribe to all of Adweek’s podcasts by visiting adweek.com/podcasts.Stay updated on all things Adweek Podcast Network by following us on Twitter: @adweekpodcasts.And if you have a question or suggestions for the show, send us an email at podcast@adweek.com. Hosted on Acast. See acast.com/privacy for more information.

The Great Fail is taking a break this week. Instead of normal programming, The Great Fail is hosting Metaverse Marketing, another podcast series in the Adweek Podcast Network. In this Season 2 premiere, host Cathy Hackl, metaverse and web3 strategist, dives into how the metaverse is changing our world both on and offline. Hackl explores what it truly means to build a community and why it is such a hot topic in Web3 and the metaverse. Follow Cathy on Twitter: @CathyHacklSubscribe to Adweek's Metaverse Marketing on your favorite podcast platform!You can listen and subscribe to all of Adweek’s podcasts by visiting <a href="http://adweek.com/podcasts" rel="nofollow" target="_blank">adweek.com/podcasts</a>.Stay updated on all things Adweek Podcast Network by following us on Twitter: @adweekpodcasts.And if you have a question or suggestions for the show, send us an email at podcast@adweek.com. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Bonus Episode: Introducing Metaverse Marketing

Several legal cases were pending, culminating in January 2019, when a class-action lawsuit led by the Washington Attorney General Bob Ferguson was filed against the multi-level marketing Company, LulaRoe. This one alleged that the founders of LulaRoe made false and deceptive representations regarding their business, inspiring thousands of optimistic entrepreneurs to invest their money into the lucrative venture-- only to find themselves drowning in debt, mortgaging their homes, and depleting their life savings.  Though many had not yet heard of LulaRoe, this lawsuit would soon topple the billion-dollar enterprise into one of the most well-known scandals in America. Listen to Episode 54 of The Great Fail to hear the story. Special thanks to Professor Kelly Richmond Pope for her contributions to this segment.  LulaRoe Sources LuLaRoe Was a Billion Dollar Leggings Empire Until the Lawsuits. LuLaRich Tells the Story The Rise And Fall Of LuLaRoe’ Investigates Scandal Behind Marketing Company The MLM LuLaRoe Has Seen Tons of Controversy — Here's Why Is LulaRoe Still in Business? Amazon's 'LulaRich' Has Everyone Asking the Same Question LulaRich! 9 Lessons You Can Learn From LulaRoe’s Downfall Lessons from LuLaRich that Resellers Can Learn From 4 Shockingly Manipulative Work Moments In The 'LuLaRich' Documentary ‘It’s very culty’: the bizarre billion-dollar downfall of fashion company LuLaRoe These Leggings May Ruin Your Life LuLaRoe to pay $4.75 million to resolve AG Ferguson’s lawsuit over pyramid scheme  Hosted on Acast. See acast.com/privacy for more information.

Several legal cases were pending, culminating in January 2019, when a class-action lawsuit led by the Washington Attorney General Bob Ferguson was filed against the multi-level marketing Company, LulaRoe. This one alleged that the founders of LulaRoe made false and deceptive representations regarding their business, inspiring thousands of optimistic entrepreneurs to invest their money into the lucrative venture-- only to find themselves drowning in debt, mortgaging their homes, and depleting their life savings.  Though many had not yet heard of LulaRoe, this lawsuit would soon topple the billion-dollar enterprise into one of the most well-known scandals in America. Listen to Episode 54 of The Great Fail to hear the story. Special thanks to Professor Kelly Richmond Pope for her contributions to this segment.  LulaRoe Sources <a href="https://www.esquire.com/entertainment/tv/a37543989/lularoe-true-story-now-lularich-amazon/" rel="noopener noreferrer nofollow" target="_blank">LuLaRoe Was a Billion Dollar Leggings Empire Until the Lawsuits. LuLaRich Tells the Story</a> <a href="https://www.forbes.com/sites/risasarachan/2021/12/13/the-rise-and-fall-of-lularoe-investigates-scandal-behind--marketing-company/?sh=4b1ff20c3615" rel="noopener noreferrer nofollow" target="_blank">The Rise And Fall Of LuLaRoe’ Investigates Scandal Behind Marketing Company</a> <a href="https://www.distractify.com/p/what-happened-to-lularoe" rel="noopener noreferrer nofollow" target="_blank">The MLM LuLaRoe Has Seen Tons of Controversy — Here's Why</a> <a href="https://www.goodhousekeeping.com/life/entertainment/a37638754/is-lularoe-still-in-business/" rel="noopener noreferrer nofollow" target="_blank">Is LulaRoe Still in Business? Amazon's 'LulaRich' Has Everyone Asking the Same Question</a> <a href="https://eddiewrites.medium.com/lularich-9-lessons-you-can-learn-from-lularoes-downfall-576e24f01824" rel="noopener noreferrer nofollow" target="_blank">LulaRich! 9 Lessons You Can Learn From LulaRoe’s Downfall</a> <a href="http://recycledrosesguide.com/lessons-from-lularich-that-resellers-can-learn-from/#/" rel="noopener noreferrer nofollow" target="_blank">Lessons from LuLaRich that Resellers Can Learn From</a> <a href="https://www.huffpost.com/entry/lularich-lularoe-documentary-manipulative-moment_l_61438346e4b0581b792e004e" rel="noopener noreferrer nofollow" target="_blank">4 Shockingly Manipulative Work Moments In The 'LuLaRich' Documentary</a> <a href="https://www.theguardian.com/tv-and-radio/2021/sep/15/lularich-lularoe-amazon-docuseries" rel="noopener noreferrer nofollow" target="_blank">‘It’s very culty’: the bizarre billion-dollar downfall of fashion company LuLaRoe</a> <a href="https://www.thecut.com/2021/09/lularich-docuseries-explores-rise-and-implosion-of-lularoe.html" rel="noopener noreferrer nofollow" target="_blank">These Leggings May Ruin Your Life</a> <a href="https://www.atg.wa.gov/news/news-releases/lularoe-pay-475-million-resolve-ag-ferguson-s-lawsuit-over-pyramid-scheme" rel="noopener noreferrer nofollow" target="_blank">LuLaRoe to pay $4.75 million to resolve AG Ferguson’s lawsuit over pyramid scheme</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 54:  LulaRoe Leggings Stretches the Law 

It was a somewhat ordinary day for David Pyott, the CEO of Allergan, back in April 2014. That is until his eyes glanced over at the TV screen in his office, where he learned that billionaire hedge fund manager and activist investor Bill Ackman was about to back the takeover of his company by way of a hostile takeover. The acquirer was none other than the infamous and controversial pharmaceutical company, Valeant Pharmaceuticals. Valeant was a Wall Street darling and one of Canada’s largest companies. So why and how did this transaction lead to Valeant's downfall only a year later? Listen to Episode 53 of The Great Fail to hear the story. Special thanks to Joe Nocera for his contributions to this segment.  Valeant Pharma Sources The rise and fall of Valeant Pharmaceuticals The Roll-Up Racket What Valeant’s fall from grace can teach the drug industry THE VALEANT MELTDOWN AND WALL STREET’S MAJOR DRUG PROBLEM Valeant CEO didn’t tell investors real story about sales growth Explaining Valeant: The Main Theories A Buried Scandal, Shedding Of Assets, And Forthcoming Spinoff Means Substantial Upside For Bausch Health The Demise of Valeant Pharmaceuticals: A Case Study in Rotten Culture and Business Ethics Valeant Makes Hostile Bid For Allergan Inside A Hostile Takeover: The Allergan-Valeant War Wikipedia: Milan Panić  Special Guest: Joe Nocera, Business Columnist at Bloomberg Joe Nocera is a former Bloomberg Opinion columnist. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. He is the host and writer of the Bloomberg-Wondery podcast "The Shrink Next Door."  Hosted on Acast. See acast.com/privacy for more information.

It was a somewhat ordinary day for David Pyott, the CEO of Allergan, back in April 2014. That is until his eyes glanced over at the TV screen in his office, where he learned that billionaire hedge fund manager and activist investor Bill Ackman was about to back the takeover of his company by way of a hostile takeover. The acquirer was none other than the infamous and controversial pharmaceutical company, Valeant Pharmaceuticals. Valeant was a Wall Street darling and one of Canada’s largest companies. So why and how did this transaction lead to Valeant's downfall only a year later? Listen to Episode 53 of The Great Fail to hear the story. Special thanks to Joe Nocera for his contributions to this segment.  Valeant Pharma Sources <a href="https://www.cbc.ca/news/business/valeant-pharmaceuticals-pershing-1.4023893" rel="noopener noreferrer nofollow" target="_blank">The rise and fall of Valeant Pharmaceuticals</a> <a href="https://www.newyorker.com/magazine/2016/04/04/inside-the-valeant-scandal" rel="noopener noreferrer nofollow" target="_blank">The Roll-Up Racket</a> <a href="https://www.statnews.com/pharmalot/2016/03/29/valeant-lessons/" rel="noopener noreferrer nofollow" target="_blank">What Valeant’s fall from grace can teach the drug industry</a> <a href="https://www.vanityfair.com/news/2016/06/the-valeant-meltdown-and-wall-streets-major-drug-problem" rel="noopener noreferrer nofollow" target="_blank">THE VALEANT MELTDOWN AND WALL STREET’S MAJOR DRUG PROBLEM</a> <a href="https://www.statnews.com/pharmalot/2016/02/04/valeant-investors-sales-growth/" rel="noopener noreferrer nofollow" target="_blank">Valeant CEO didn’t tell investors real story about sales growth</a> <a href="https://www.nytimes.com/2016/03/30/business/dealbook/explaining-valeant-the-main-theories.html" rel="noopener noreferrer nofollow" target="_blank">Explaining Valeant: The Main Theories</a> <a href="https://www.forbes.com/sites/jimosman/2021/04/28/a-buried-scandal-shedding-of-assets-and-forthcoming-spinoff-means-substantial-upside-for-bausch-health/?sh=783ca9955925" rel="noopener noreferrer nofollow" target="_blank">A Buried Scandal, Shedding Of Assets, And Forthcoming Spinoff Means Substantial Upside For Bausch Health</a> <a href="https://blog.volkovlaw.com/2016/04/demise-valeant-pharmaceuticals-case-study-rotten-culture-business-ethics/" rel="noopener noreferrer nofollow" target="_blank">The Demise of Valeant Pharmaceuticals: A Case Study in Rotten Culture and Business Ethics</a> <a href="https://cen.acs.org/articles/92/i17/Valeant-Makes-Hostile-Bid-Allergan.html" rel="noopener noreferrer nofollow" target="_blank">Valeant Makes Hostile Bid For Allergan</a> <a href="https://www.lifescienceleader.com/doc/inside-a-hostile-takeover-0001" rel="noopener noreferrer nofollow" target="_blank">Inside A Hostile Takeover: The Allergan-Valeant War</a> <a href="https://en.wikipedia.org/wiki/Milan_Pani%C4%87" rel="noopener noreferrer nofollow" target="_blank">Wikipedia: Milan Panić</a> Special Guest: Joe Nocera, Business Columnist at Bloomberg Joe Nocera is a former Bloomberg Opinion columnist. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. He is the host and writer of the Bloomberg-Wondery podcast "The Shrink Next Door."  Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 53:  Valeant: Death by Poison Pill

The Great Fail is proud to present Home / Work, a new marketing podcast that is not about marketing. Hosted by AMA Marketing Hall of fame inductee Antonio Lucio, Home / Work is about the real talk on the good, bad, ugly, and extraordinary of balancing life and work. We will bring true role models of our industry together with their partners to discuss how they do it. On the premiere episode of Home / Work, Antonio sits down with Carla Hassan, Chief Marketing Officer of JPMorgan Chase, and Tariq Hassan, Chief Marketing and Digital Customer Experience Officer of Mcdonald's to discuss balancing two incredible careers while raising a family, what they learned while raising a family during the pandemic, and why they don't consider themselves a "power couple."  Subscribe to Home / Work on your favorite podcast platform or by visiting adweek.com/podcasts. Hosted on Acast. See acast.com/privacy for more information.

The Great Fail is proud to present Home / Work, a new marketing podcast that is not about marketing. Hosted by AMA Marketing Hall of fame inductee Antonio Lucio, Home / Work is about the real talk on the good, bad, ugly, and extraordinary of balancing life and work. We will bring true role models of our industry together with their partners to discuss how they do it. On the premiere episode of Home / Work, Antonio sits down with Carla Hassan, Chief Marketing Officer of JPMorgan Chase, and Tariq Hassan, Chief Marketing and Digital Customer Experience Officer of Mcdonald's to discuss balancing two incredible careers while raising a family, what they learned while raising a family during the pandemic, and why they don't consider themselves a "power couple."  Subscribe to Home / Work on your favorite podcast platform or by visiting <a href="http://adweek.com/podcasts" rel="nofollow" target="_blank">adweek.com/podcasts</a>. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Bonus Episode: Introducing Home / Work

Bikram Choudhury was the founder of the wildly popular hot yoga practice that many considered to cure ailments, detoxify bodies, and change lives. At the height in 2006, there were 1,650 studios in at least 40 countries, but by 2013, a series of allegations surfaced when one by one, women stepped forward with accusations that included sexual assault, rape, and abuse against the man revered as a guru. Listen now to hear about the rise and fall of the Bikram Yoga empire on Episode 52 of The Great Fail. Special guest Dave Emerson, Founder of Trauma Center Trauma Sensitive Yoga. And shoutout to our partners at Adweek and Acast.  Bikram Yoga Sources He made a fortune from his trademarked Bikram yoga, but now his empire is in tatters The incredible rise and fall of yogi-to-the-stars Bikram Choudhury 'He said he could do what he wanted': the scandal that rocked Bikram yoga Bikram yoga's moral dilemma Wikipedia: Bikram Choudhury New Netflix Documentary Shows Bikram’s Dark Side, So Why Are Yogis Still Doing It? Bikram is Back: The Unapologetic Tour The Horrifying Cult Origins of Bikram Yoga: Rape, Harassment and Lies The Overheated, Oversexed Cult of Bikram Choudhury Global Yoga Market Outlook  Hosted on Acast. See acast.com/privacy for more information.

Bikram Choudhury was the founder of the wildly popular hot yoga practice that many considered to cure ailments, detoxify bodies, and change lives. At the height in 2006, there were 1,650 studios in at least 40 countries, but by 2013, a series of allegations surfaced when one by one, women stepped forward with accusations that included sexual assault, rape, and abuse against the man revered as a guru. Listen now to hear about the rise and fall of the Bikram Yoga empire on Episode 52 of The Great Fail. Special guest Dave Emerson, Founder of Trauma Center Trauma Sensitive Yoga. And shoutout to our partners at Adweek and Acast.  Bikram Yoga Sources <a href="https://www.theguardian.com/tv-and-radio/2019/dec/03/he-made-a-fortune-from-his-trademarked-bikram-yoga-but-now-his-empire-is-in-tatters" rel="noopener noreferrer nofollow" target="_blank">He made a fortune from his trademarked Bikram yoga, but now his empire is in tatters</a> <a href="https://nypost.com/2017/05/30/the-incredible-rise-and-fall-of-yogi-to-the-stars-bikram-choudhury/" rel="noopener noreferrer nofollow" target="_blank">The incredible rise and fall of yogi-to-the-stars Bikram Choudhury</a> <a href="https://www.theguardian.com/lifeandstyle/2017/feb/18/bikram-hot-yoga-scandal-choudhury-what-he-wanted" rel="noopener noreferrer nofollow" target="_blank">'He said he could do what he wanted': the scandal that rocked Bikram yoga</a> <a href="https://www.espn.com/espnw/culture/feature/story/_/id/23539292/after-serious-allegations-founder-bikram-yoga-practitioners-crossroads" rel="noopener noreferrer nofollow" target="_blank">Bikram yoga's moral dilemma</a> <a href="https://en.wikipedia.org/wiki/Bikram_Choudhury" rel="noopener noreferrer nofollow" target="_blank">Wikipedia: Bikram Choudhury</a> <a href="https://www.refinery29.com/en-us/2019/11/8852572/bikram-yoga-founder-scandal-new-netflix-documentary" rel="noopener noreferrer nofollow" target="_blank">New Netflix Documentary Shows Bikram’s Dark Side, So Why Are Yogis Still Doing It?</a> <a href="https://www.shockya.com/news/2022/02/07/bikram-is-back-the-unapologetic-tour/" rel="noopener noreferrer nofollow" target="_blank">Bikram is Back: The Unapologetic Tour</a> <a href="https://www.thedailybeast.com/the-horrifying-cult-origins-of-bikram-yoga-rape-harassment-and-lies" rel="noopener noreferrer nofollow" target="_blank">The Horrifying Cult Origins of Bikram Yoga: Rape, Harassment and Lies</a> <a href="https://www.gq.com/story/yoga-guru-bikram-choudhury" rel="noopener noreferrer nofollow" target="_blank">The Overheated, Oversexed Cult of Bikram Choudhury</a> <a href="https://www.expertmarketresearch.com/reports/yoga-market" rel="noopener noreferrer nofollow" target="_blank">Global Yoga Market Outlook</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 52:  Bikram Yoga, From Super-Heated to Overheated 

Before there was Facebook, there was MySpace, once the world’s most dominating social networking company. In the summer of 2005, one of the biggest deals in internet history made headlines when News Corp., famously known as Rupert Murdoch’s media empire, acquired MySpace for $580 million in cash. In the business realm, it seemed that with the backing of the media giant, MySpace would have the world at its fingertips. And to the outside, it appeared that Myspace was going to be unstoppable. Find out how MySpace got unfriended on Episode 51 of The Great Fail. Hosted on Acast. See acast.com/privacy for more information.

Before there was Facebook, there was MySpace, once the world’s most dominating social networking company. In the summer of 2005, one of the biggest deals in internet history made headlines when News Corp., famously known as Rupert Murdoch’s media empire, acquired MySpace for $580 million in cash. In the business realm, it seemed that with the backing of the media giant, MySpace would have the world at its fingertips. And to the outside, it appeared that Myspace was going to be unstoppable. Find out how MySpace got unfriended on Episode 51 of The Great Fail. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 51: Why the World Unfriended MySpace

We’re doing a special episode on cryptocurrency this week and covering what occurred in May of 2022 when the world watched as one of the biggest projects imploded. Once valued at $400 billion, the project was known as TerraUST, a stablecoin that was going to transform the crypto market and the way that traditional payments would be made in the future. Instead, investors watched as its market value dropped by almost 99% within 24 hours. What led to this death spiral and more importantly, what does the future hold for crypto investors? Our special guest Omid Malekan, Adjunct Professor at Columbia Business School, will break down the story in Episode 50 of The Great Fail.  Terra Sources How a Trash-Talking Crypto Founder Caused a $40 Billion Crash Terra Was Too Big to Fail, and It Failed: Bloomberg Crypto TerraUSD’s collapse will take down every other algorithmic stablecoin, crypto analysts say TerraUSD ‘stablecoin’ delisted from crypto exchanges How $60 Billion in Terra Coins Went Up in Algorithmic Smoke The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA The Terra (LUNA) Collapse: 4 Lessons To Be Learned (Opinion) The Real Reasons Behind the Crypto Crash, and What We Can Learn from Terra’s Fall Luna Crypto Crash: What Happened To Terra Luna? Who is Do Kwon, the ‘lunatic’ who created a $60 billion cryptocurrency that collapsed in days? Crypto investors contemplate SUICIDE and hide from friends seeking revenge for losing their life savings as currency crashes to zero Terra LUNA Investors Lose Everything In 98 Percent Plunge, Suicide Hotline Posted At Top Of Forum All Those Celebrities Pushing Crypto Are Not So Vocal Now  Hosted on Acast. See acast.com/privacy for more information.

We’re doing a special episode on cryptocurrency this week and covering what occurred in May of 2022 when the world watched as one of the biggest projects imploded. Once valued at $400 billion, the project was known as TerraUST, a stablecoin that was going to transform the crypto market and the way that traditional payments would be made in the future. Instead, investors watched as its market value dropped by almost 99% within 24 hours. What led to this death spiral and more importantly, what does the future hold for crypto investors? Our special guest Omid Malekan, Adjunct Professor at Columbia Business School, will break down the story in Episode 50 of The Great Fail.  Terra Sources <a href="https://www.nytimes.com/2022/05/18/technology/terra-luna-cryptocurrency-do-kwon.html" rel="noopener noreferrer nofollow" target="_blank">How a Trash-Talking Crypto Founder Caused a $40 Billion Crash</a> <a href="https://www.bloomberg.com/news/newsletters/2022-05-12/terra-ust-was-too-big-to-fail-and-it-failed-bloomberg-crypto" rel="noopener noreferrer nofollow" target="_blank">Terra Was Too Big to Fail, and It Failed: Bloomberg Crypto</a> <a href="https://fortune.com/2022/05/19/luna-terrausd-ust-algorithmic-stablecoins-doomed/#:~:text=People%20rushed%20to%20redeem%20their,value%20in%20about%2024%20hours." rel="noopener noreferrer nofollow" target="_blank">TerraUSD’s collapse will take down every other algorithmic stablecoin, crypto analysts say</a> <a href="https://www.theguardian.com/technology/2022/may/13/terrausd-stablecoin-crypto-exchanges" rel="noopener noreferrer nofollow" target="_blank">TerraUSD ‘stablecoin’ delisted from crypto exchanges</a> <a href="https://www.bloomberg.com/graphics/2022-crypto-luna-terra-stablecoin-explainer/#xj4y7vzkg" rel="noopener noreferrer nofollow" target="_blank">How $60 Billion in Terra Coins Went Up in Algorithmic Smoke</a> <a href="https://www.coindesk.com/learn/the-fall-of-terra-a-timeline-of-the-meteoric-rise-and-crash-of-ust-and-luna/" rel="noopener noreferrer nofollow" target="_blank">The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA</a> <a href="https://cryptopotato.com/4-valuable-lessons-from-terras-collapse-opinion/" rel="noopener noreferrer nofollow" target="_blank">The Terra (LUNA) Collapse: 4 Lessons To Be Learned (Opinion)</a> <a href="https://time.com/6177567/terra-ust-crash-crypto/" rel="noopener noreferrer nofollow" target="_blank">The Real Reasons Behind the Crypto Crash, and What We Can Learn from Terra’s Fall</a> <a href="https://www.gfinityesports.com/cryptocurrency/luna-crypto-crash/" rel="noopener noreferrer nofollow" target="_blank">Luna Crypto Crash: What Happened To Terra Luna?</a> <a href="https://fortune.com/2022/05/18/who-is-do-kwon-luna-ust-crypto-founder-rise-and-fall/" rel="noopener noreferrer nofollow" target="_blank">Who is Do Kwon, the ‘lunatic’ who created a $60 billion cryptocurrency that collapsed in days?</a> <a href="https://www.dailymail.co.uk/news/article-10823197/Terra-Luna-crypto-crash-investors-suicidal-friends-seek-retribution-millions-lost.html" rel="noopener noreferrer nofollow" target="_blank">Crypto investors contemplate SUICIDE and hide from friends seeking revenge for losing their life savings as currency crashes to zero</a> <a href="https://moguldom.com/408010/terra-luna-investors-lose-everything-in-98-percent-plunge-suicide-hotline-posted-at-top-of-forum/" rel="noopener noreferrer nofollow" target="_blank">Terra LUNA Investors Lose Everything In 98 Percent Plunge, Suicide Hotline Posted At Top Of Forum</a> <a href="https://www.nytimes.com/2022/05/17/business/media/crypto-gwyneth-paltrow-matt-damon-reese-witherspoon.html" rel="noopener noreferrer nofollow" target="_blank">All Those Celebrities Pushing Crypto Are Not So Vocal Now</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 50:  Terra: Crypto’s TERRA-ble Crash

Back in the early 2000s, the Von Dutch ubiquitous trucker hats were seen everywhere- and their line of denim brought us the classic low-rise, sometimes frayed at the hem, sometimes with tons of bling, but never without the iconic “Von Dutch” stamped logo. That uniquely distinctive font bared the cool culture Americana aesthetic. Von Dutch’s popularity was so tremendous that in 2003, the Company was raking in $33 million in sales from their jackets, denim, t-shirts, and trucker- until the brand got hit with counterfeiting. But the story of Von Dutch isn’t just about rhinestones and rip-offs, it was a story about deception, betrayal, murder, and a scandal that would serve as the epitaph of its tombstone. Find out how it all went down in Episode 49 of The Great Fail.Join Retail Brew's community of retail professionals by subscribing here!Sources:Inside The Messy, Chaotic Downfall Of Von Dutch A New Docuseries Explores the Rise and Fall of Von Dutch Drug fronts, murder, and Paris Hilton: the rise and fall of Von Dutch The Untold Story of Von Dutch Wikipedia: Von Dutch S.C. man shot dead in Venice Beach How Von Dutch’s Trucker Hat Empire Ended in Chaos and Death 1999 Week Before There Was Snapchat: A Look Back At The Biggest Stars Of 1999  Hosted on Acast. See acast.com/privacy for more information.

Back in the early 2000s, the Von Dutch ubiquitous trucker hats were seen everywhere- and their line of denim brought us the classic low-rise, sometimes frayed at the hem, sometimes with tons of bling, but never without the iconic “Von Dutch” stamped logo. That uniquely distinctive font bared the cool culture Americana aesthetic. Von Dutch’s popularity was so tremendous that in 2003, the Company was raking in $33 million in sales from their jackets, denim, t-shirts, and trucker- until the brand got hit with counterfeiting. But the story of Von Dutch isn’t just about rhinestones and rip-offs, it was a story about deception, betrayal, murder, and a scandal that would serve as the epitaph of its tombstone. Find out how it all went down in Episode 49 of The Great Fail.Join Retail Brew's community of retail professionals by subscribing <a href="https://www.retailbrew.com/subscribe?utm_campaign=rtb_072022&amp;utm_medium=partnership&amp;utm_source=greatfail" rel="noopener noreferrer nofollow" target="_blank">here</a>!Sources:<a href="https://www.bustle.com/entertainment/what-happened-to-von-dutch-founder-owner-controversy" rel="noopener noreferrer nofollow" target="_blank">Inside The Messy, Chaotic Downfall Of Von Dutch</a> <a href="https://www.vogue.com/article/von-dutch-new-hulu-docuseries" rel="noopener noreferrer nofollow" target="_blank">A New Docuseries Explores the Rise and Fall of Von Dutch</a> <a href="https://www.dazeddigital.com/fashion/article/54875/1/drug-murder-paris-hilton-britney-spears-rise-fall-curse-of-von-dutch-hayu-y2k" rel="noopener noreferrer nofollow" target="_blank">Drug fronts, murder, and Paris Hilton: the rise and fall of Von Dutch</a> <a href="https://www.nytimes.com/2021/11/17/style/von-dutch-hulu-documentary.html" rel="noopener noreferrer nofollow" target="_blank">The Untold Story of Von Dutch</a> <a href="https://en.wikipedia.org/wiki/Von_Dutch" rel="noopener noreferrer nofollow" target="_blank">Wikipedia: Von Dutch</a> <a href="https://www.newspapers.com/clip/79973845/mark-rivas-venice-beach/" rel="noopener noreferrer nofollow" target="_blank">S.C. man shot dead in Venice Beach</a> <a href="https://www.thedailybeast.com/how-von-dutchs-trucker-hat-empire-ended-in-chaos-and-death" rel="noopener noreferrer nofollow" target="_blank">How Von Dutch’s Trucker Hat Empire Ended in Chaos and Death</a> <a href="https://www.avclub.com/star-wars-v-matrix-santana-v-smash-mouth-and-y2k-pa-1836970492" rel="noopener noreferrer nofollow" target="_blank">1999 Week</a> <a href="https://www.vh1.com/news/fefnwk/biggest-stars-of-1999" rel="noopener noreferrer nofollow" target="_blank">Before There Was Snapchat: A Look Back At The Biggest Stars Of 1999</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 49: Von Dutch, From Price Tags to Toe Tags

This week we’re releasing a bonus episode from one of our sister podcasts on the Adweek Podcast Network called The Speed of Culture Podcast. In this episode, host Matt Britton talks to Ken Ohashi about bringing a brand’s DNA into focus. Ken is a marketing expert with years of experience in the retail industry with brands like Aéropostale, and the Authentic Brands Group. Having acquired the iconic suit brand Brooks Brothers prior to the pandemic, Ken found himself navigating a new, potential post-office wear world during the Covid 19 pandemic and what that means for a brand synonymous with formal wear.We’ll return in 2 weeks with another episode of The Great Fail.Thanks to our partners Adweek and Acast.www.TheGreatFail.com Hosted on Acast. See acast.com/privacy for more information.

This week we’re releasing a bonus episode from one of our sister podcasts on the Adweek Podcast Network called <a href="http://adweek.com/speed" rel="noopener noreferrer nofollow" target="_blank">The Speed of Culture Podcast</a>. In this episode, host Matt Britton talks to Ken Ohashi about bringing a brand’s DNA into focus. Ken is a marketing expert with years of experience in the retail industry with brands like Aéropostale, and the Authentic Brands Group. Having acquired the iconic suit brand Brooks Brothers prior to the pandemic, Ken found himself navigating a new, potential post-office wear world during the Covid 19 pandemic and what that means for a brand synonymous with formal wear.We’ll return in 2 weeks with another episode of The Great Fail.Thanks to our partners Adweek and Acast.<a href="www.TheGreatFail.com" rel="noopener noreferrer nofollow" target="_blank">www.TheGreatFail.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Bonus Episode: The Speed of Culture Podcast

Get ready to hear about the most scandalous retail pharmacy chain of all time that was Phar-Mor. We hear about companies and financial misconduct frequently–stories of cooked books and misappropriated funds are hardly rare, but often leave us questioning–how do companies manage to pull these off, and more importantly how do they get past trained professionals, auditors and investors? In this episode, our featured guest Professor Kelly Richmond Pope of DePaul University, a forensic accounting expert with a specialty in corporate crime, will explain how an accident exposed a $1 billion fraud and took down one of the nation’s largest retail chains. Listen now to Episode 48 on The Great Fail. Hosted on Acast. See acast.com/privacy for more information.

Get ready to hear about the most scandalous retail pharmacy chain of all time that was Phar-Mor. We hear about companies and financial misconduct frequently–stories of cooked books and misappropriated funds are hardly rare, but often leave us questioning–how do companies manage to pull these off, and more importantly how do they get past trained professionals, auditors and investors? In this episode, our featured guest Professor Kelly Richmond Pope of DePaul University, a forensic accounting expert with a specialty in corporate crime, will explain how an accident exposed a $1 billion fraud and took down one of the nation’s largest retail chains. Listen now to Episode 48 on The Great Fail. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

Episode 48: Phar-Mor, From Savior to Misbehavior

Each episode is a delight to listen through and the series so far made a fun binge!

Informative and fun

Very compelling concept with unique stories. Glad I listened.

Compelling

The Great Fail is a true crime inspired, business podcast that examines the greatest success stories of the most prominent and prolific companies, brands, and people and what led to their demise. If you love true crime and stories of massive failures, you've come to the right place! Here we take a forensic look at stories that will irk you, shock you, and have you picking your jaw up off the floor, all while learning the oftentimes avoidable, mistakes that have ended the lives of companies and left boardrooms looking like crime scenes. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.

The Great Fail

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