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WeWork has frittered away $46.7B in value as the stock sinks below ¢50

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271–274 of 274 posts

Re: WeWork has frittered away $46.7B in value as the stock sinks below ¢50

#271

Earlier quoted context omitted.

Well, for their customers they are making the world a better place. Given there's no absolute standard for that, people wanting your product or service so much they'll pay you money for it is about the best measure we have.

idk, im pretty sure that my internet company or the train company or my local grocer are actively trying to make their customers life worse and succeeding. and the answer isn't "oh but without them you'd have to walk/grow your own food/lay your own cable" for starters none of the companies mentioned did that themselves, train company didnt build infrastructure, supermarket didnt grow food, internet company didnt lay…

> "someone paid you for some resource/commodity you hoarded"

I don't think conversations like this can ever progress when this constant misrepresentation takes place. No one is talking about hoarding. If I get paid to write someone some software, what hoarding happened?

Re: WeWork has frittered away $46.7B in value as the stock sinks below ¢50

#272
post #270

Earlier quoted context omitted.

Ah. What made WeWork a great operator?

They provide an excellent, consistent service at global scale that no competitor even comes close to matching. They are a fantastic operator from the customer’s vantage point.

What is the public data about the cost of this and its sustainability as a business? Seems like a facade if unsustainable...

Re: WeWork has frittered away $46.7B in value as the stock sinks below ¢50

#273
post #272
post #270

Earlier quoted context omitted.

They provide an excellent, consistent service at global scale that no competitor even comes close to matching. They are a fantastic operator from the customer’s vantage point.

What is the public data about the cost of this and its sustainability as a business? Seems like a facade if unsustainable...

I would agree that its not sustainable. I only refer to the value the customer receives.

Re: WeWork has frittered away $46.7B in value as the stock sinks below ¢50

#274
post #273
post #272

Earlier quoted context omitted.

What is the public data about the cost of this and its sustainability as a business? Seems like a facade if unsustainable...

I would agree that its not sustainable. I only refer to the value the customer receives.

Ah, understood!
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