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Good. Shitty founder, shitty idea, shitty execution.
I feel like we’ve found the theme for this particular arc of history.
Couldn't agree more.
Extremely shitty idea.
I love this. It shows how you can dupe investors by promoting yourself as a tech startup? (IWG is another coworking space rental)
Speedrun. The evaluation was in 2019. Ridiculous. Whoever had a stake in it might as well be trading penny stocks.
Elon: Hold my beer!
Is WeWork pulling a Twitter or is Twitter pulling a WeWork?
eh. WeWork never posted actual profits. They relied on venture capital to stay floating.
The venture capital is running out because, it turns out, venture capitalists like to see returns on their investments. it's different than twitter, IMO.
I'll fuckin bet someone came out singing ! Why do we allow this to continue to happen to penny shareholders? And workers alike.
IIRC, the founder/CEO got paid $1B to go away.
Nobody ever paid me to fuck off and go away. I feel that all my years of being an annoying alcoholic were just wasted now....
I'll fuck off and go away for way less than than $1B
I'll do it for half!
Spaces like this would never work for me in the first place. Why would I travel to a fake office building that my company has nothing to do with to work? I would rather work from home, a library, or even a fast food/coffee shop than go to a pseudo office.
The Good, Bad, Billionaire podcast did an episode on Adam Neumann in the not so distant past. Didn't really add anything I didn't already know from watching the Jared Leto show on him, but it was still entertaining.
Huh? I thought they had gone bankrupt for a while now
this post was submitted on 01 Nov 2023
177 points (100.0% liked)
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