SoftBank Strikes Again – Better.com or WeWork Version 2.0

Post by bgibbons » Mon, Dec 06, 2021, 11:45 PM UTC

Post by 1cvmask » Mon, Dec 06, 2021, 11:53 PM UTC

bgibbons wrote: post #2

This article is brutal to read. Does Softbank have a new Narcissist Fund? First WeWork and now Better. Crazy how this company was still able to go public throiugh a SPAC when it couldn't IPO through traditional processes because Morgan Stanley wouldn't do it due to lawsuits. Then you have an executive that gets options with no vesting schedule, a board that doesn't seem to have any oversight over its CEO, etc. You ca…

Post by Havoc » Tue, Dec 07, 2021, 12:52 AM UTC

bgibbons wrote: post #4

1cvmask wrote: post #3

Earlier quoted context omitted.

I think WeWork stories are still more absurd like investing 13 million into the surfing tech company Wavegarden or smoking weed on the corporate jet with work colleagues in countries where it is illegal. https://www.businessinsider.com/wework-ceo-adam-neumann-inve...

Equally absurd. Apparently the Better CEO told a colleague he would staple him to a wall and burn him alive. Nice touch. He did apologize though so that was nice.

Post by bgibbons » Tue, Dec 07, 2021, 5:49 AM UTC

Havoc wrote: post #5

bgibbons wrote: post #4

Earlier quoted context omitted.

Equally absurd. Apparently the Better CEO told a colleague he would staple him to a wall and burn him alive. Nice touch. He did apologize though so that was nice.

I mean points for creativity on the threats