21–30 of 126 posts
Isn't this whole valuation thing for companies like Wework a bit problematic. I assume most (all?) of the existing shareholders can't sell their shares even if they wanted when new founding rounds take place. 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_shar…
> • 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.
> • 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.
> • 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.
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"
I like how some websites format company and person names in a very specific way. Either like [We] or having them bold or in a different colour. Especially in this era of “name your company after a really common daily-use word for maximum confusion and ungoogleability!”.
Don’t forget maximizing the ability to trademark the simple, common daily word and go after anyone using a variant of it when you’re big enough to do so.
I had a similar thought a few weeks back. If they're willing to cavalierly expose this craziness in the S1, what else is going on there that we don't know about.
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"
And yes I read your last sentence in Gollum’s voice and it was perfect. :)
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"
The biggest non-financial red flag for me was the glass office walls. None of WeWork’s non-corporate customers are doing anything remotely sensitive or important. During a downturn, these people will decide to go back to free Starbucks to hang out.
In fairness, you can have the glass frosted
On the other hand, I can't imagine anyone with sensitive information working out of a shared workspace just because ofbthe ease with which a room or whole floor could be bugged.
'No Mercy, No Malice'