11–20 of 126 posts
The company name should be highlighted in the text somehow; in its current form, it sounds like an eloquent Gollum's internal monologue in my head. I found myself having to re-read quite a few sentences. "We has gone from unicorn to distressed asset"
Hm, what exactly does WeWork do that is so unique? Sounds like a regular real estate company except they are targeted towards tech startups.
> • Focus on margin expansion vs. growth. We has a differentiated product in the marketplace, and should command a premium. Hm, what exactly does WeWork do that is so unique? Sounds like a regular real estate company except they are targeted towards tech startups.
Is We a big enough part of vision fund to take it down in some way? Even just as an embarrassing loss? His other two predictions sound plausible.
> We've witnessed a halving of journalists since 2008, while the number of corporate communications execs has tripled. In sum, the ratio of bullshit/spin to watchdogs has increased sixfold.
I personally know half a dozen former journalists that recently moved over to PR, but I hadn't realized had much of a sea change it's been over the last decade.
Now we get a new investor, who might acquire a relatively small part of the company for crazy price per share. Then we state that the total value of the company is now total_number_of_shares*crazy_price_per_share.
And of course even for the investor it might make sense to pay extra for the investment. If you have for example participated in previous funding rounds with lower price, it may make sense to pay overprice in the subsequent rounds, since that might make your existing share more valuable.
This was a really striking sentence: > We've witnessed a halving of journalists since 2008, while the number of corporate communications execs has tripled. In sum, the ratio of bullshit/spin to watchdogs has increased sixfold. I personally know half a dozen former journalists that recently moved over to PR, but I hadn't realized had much of a sea change it's been over the last decade.
This assumes that journalists are capable of spotting (and willing to) spin / bullshit in the first place.
If true remote work becomes a bigger reality then you’d expect to see a greater share of workers who only need a hot desk and not one of the glass cubes, which have smaller margins and easily switched out with a Starbucks.