WeWork 'Accepts Takeover by Softbank'
1–10 of 14 posts
Re: WeWork 'Accepts Takeover by Softbank'
#2WeWork is worth zero dollars.
Re: WeWork 'Accepts Takeover by Softbank'
#3Re: WeWork 'Accepts Takeover by Softbank'
#4I can't understand how Adam Neumann continues to make such insane income from all this. It's demoralizing.
Re: WeWork 'Accepts Takeover by Softbank'
#5I can't understand how Adam Neumann continues to make such insane income from all this. It's demoralizing.
It almost went to IPO too...what does that say about the kind of garbage that can get pushed off onto the unwitting public so the original investors can cash out?
Re: WeWork 'Accepts Takeover by Softbank'
#6I can't understand how Adam Neumann continues to make such insane income from all this. It's demoralizing.
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Re: WeWork 'Accepts Takeover by Softbank'
#7I can't understand how Adam Neumann continues to make such insane income from all this. It's demoralizing.
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Re: WeWork 'Accepts Takeover by Softbank'
#8Softbank is the Long-Term Capital Management of our decade.
Re: WeWork 'Accepts Takeover by Softbank'
#9I can't understand how Adam Neumann continues to make such insane income from all this. It's demoralizing.
In a world where QE is used to fund everything, this is the result. Incentivize rather than penalize saving and this goes away.
Re: WeWork 'Accepts Takeover by Softbank'
#10I can't understand how Adam Neumann continues to make such insane income from all this. It's demoralizing.
It almost went to IPO too...what does that say about the kind of garbage that can get pushed off onto the unwitting public so the original investors can cash out?
Some people believe most of the VC industry is just a ponzi scheme, where you try to find a greater fool until eventually the final fool is the public. Of course by then all of the VC investors have made enormous returns on a company that was clearly never that great to begin with.
I'm not saying I agree with this, but it's an interesting theory. It seems pretty obvious that this sometimes happens, as evidenced by Softbank and WeWork, the question is how pervasive is this mentality?
I guess I should probably attempt to answer my own question and analyze how many VC firms hold onto stock after the company goes public, although that will only provide data for late stage investors.