WeWork Gets a Visit from Financial Reality

Post by kochikame » Wed, Jan 09, 2019, 1:56 AM UTC

genericone wrote: post #185

stevofolife wrote: post #140

Earlier quoted context omitted.

Wait but what about WeChat?

Maybe they are setting themselves up for the eventual company buyout from WeChat?

Post by rhizome » Wed, Jan 09, 2019, 2:12 AM UTC

john_moscow wrote: post #255

kgwgk wrote: post #93

https://www.bloomberg.com/opinion/articles/2019-01-08/wework... "In addition to the corporate finance weirdness: “Going forward, the company will no longer be called WeWork but rather The We Company.” (“The switch is not a legal name change,” okay.) And: “Rather than just renting desks, the company aims to encompass all aspects of people’s lives, in both physical and digital worlds,” which is—and I have spent years w…

One opinion about the unrealistically high valuations of companies like WeWork, Uber, etc is that Saudis like to feel that they are buying control over Americans' lives. Pure vanity, not much long-term planning, IMO. The whole "We Company" stunt looks like a desperate attempt to highlight this property in the face of a disappointed would-be buyer.

Post by p1necone » Wed, Jan 09, 2019, 2:15 AM UTC

bobthepanda wrote: post #293

setr wrote: post #288

Earlier quoted context omitted.

re: NES That was a console released following the video game industry crash of 1983 — a crash associated with total pessimism of games everywhere (at least in the US, but that was the most important console market) It’s likely they were very deliberately trying avoid direct association with the game industry. Afaik, they’ve always intended their consoles be percieved as more toy-like, but the nes was a particilarly h…

They're not the "serious" console. But you can't cash serious at the bank. Being everybody's second or third choice has made Nintendo hand over fist the past couple years.

Post by fxfan » Wed, Jan 09, 2019, 2:28 AM UTC

john_moscow wrote: post #255

kgwgk wrote: post #93

https://www.bloomberg.com/opinion/articles/2019-01-08/wework... "In addition to the corporate finance weirdness: “Going forward, the company will no longer be called WeWork but rather The We Company.” (“The switch is not a legal name change,” okay.) And: “Rather than just renting desks, the company aims to encompass all aspects of people’s lives, in both physical and digital worlds,” which is—and I have spent years w…

One opinion about the unrealistically high valuations of companies like WeWork, Uber, etc is that Saudis like to feel that they are buying control over Americans' lives. Pure vanity, not much long-term planning, IMO. The whole "We Company" stunt looks like a desperate attempt to highlight this property in the face of a disappointed would-be buyer.

Post by wilsonnb3 » Wed, Jan 09, 2019, 2:50 AM UTC

CM30 wrote: post #237

komali2 wrote: post #221

Earlier quoted context omitted.

There's some systematic issue with naming that has existed at Nintendo since the 90s. Thinking: Nintendo entertainment system and super Nintendo entertainment system. Not necessarily bad, but also kinda "meh." Probably the best 90s explanation for what a "console" is, before everyone already knows what a console is. I bring it up because here begins Nintendo's critical error: failing to understand the customer in Ame…

There's also the 2DS, and the 2DS XL. Oh, and the New Nintendo 3DS XL. They all play the same games though, so yeah, good luck explaining which is which to a casual buyer. The very 2DS name sounds like it should be a weaker system than the 3DS, despite coming out later and being mostly the same bar the stereostopic 3D visuals. Names certainly haven't been their strong suit.