131–134 of 134 posts
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For me as occasional observer, the first shot across the bow was the Uber S1. It seems to have made a lot of people pause and question the business models of other companies as well. Nobody jumping ship, but caution in the winds.
To throw caution to the winds means to be careless (you're throwing caution away). Is "caution in the wind" an actual phrase?
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My guess is that initially they focused on a market that was underserved by tech (short-term real estate). That by itself is probably enough to get some initial funding. Then you show that you're actually executing, at least as far as being able to grow and manage a real business with real revenues, which can easily get you another round. From there they did two things. The first was to start to securitize the busine…
> underserved by tech Are we just calling "California hipster marketing" "tech" now?
WeWork is also a New York company.
It's remarkably easy to make fun of WeWork, given the company's high-as-a-kite ambitions, its largely conjectural business model, its dependence on fresh capital for survival, its charismatic CEO’s new-age antics, and its disregard for conventional norms of ethical corporate behavior.[a] But if the IPO of a company as prominent as WeWork fails and the company is unable to raise the fresh capital it needs to stay aflo…
Shouldn’t “show me the profit” have been the basis for investing all the time? It’s the growth at all cost that’s dangerous.
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I wonder what they sold their initial investors on? I've heard a lot of theories (cornering the market, the future of remote work) but I don't quite get what WeWork was selling folks on when it came to investing and evaluations that were so high in the first place.
My guess is that initially they focused on a market that was underserved by tech (short-term real estate). That by itself is probably enough to get some initial funding. Then you show that you're actually executing, at least as far as being able to grow and manage a real business with real revenues, which can easily get you another round. From there they did two things. The first was to start to securitize the busine…
You can only gather the returns from turning the world into grey goo once, and then what do you spend it on?