September 28, 2019

“Endeavor Group, the Hollywood talent agency that has expanded rapidly into new areas of digital media, became the latest company to pull its initial public offering, after the fitness bike start-up Peloton tumbled to one of the worst first-day performances of the year on Thursday. Wall Street has also been spooked by the collapse of a planned IPO for office space rental company WeWork, which repeatedly slashed its mooted valuation after investors balked at its huge losses and corporate governance.”

Financial Times
September 28, 2019

“(There’s a) shift in sentiment as investors began to question the high valuations start-ups can build by churning through private capital.”

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Reputation crisis: A change in stakeholder expectations, impaired reputation value, and economic losses.

For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here. To read an abstracted summary of reputation risk, see below.

Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.

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