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WeWork set to sack 2,000 staff as anger towards Adam Neumann grows

25 pointsby purple_ducksover 5 years ago

7 comments

mytailorisrichover 5 years ago
My nomination for the quote of the year 2019 is in this article:<p><i>One worker said: “I left crypto to join an even more ludicrous ‘parody, IRL [in real life]’ enterprise. Didn’t even think that was possible.”</i>
ycombonatorover 5 years ago
<i>Morgan Stanley told WeWork its valuation could hit $104 billion, Goldman Sachs estimated the high end at $96 billion, while JPMorgan said it might reach a more modest $63 billion, according to the Financial Times.</i><p>How are these three companies still not fined by sec for fraud ?
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not_a_mothover 5 years ago
&gt; Neumann, 40, cashed in around $700m of his own shares in WeWork<p>My goodness, is WeWork the most stylish ponzi scheme of all time?
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kasperniover 5 years ago
nymag had a really good article about the WeWork circus <a href="http:&#x2F;&#x2F;nymag.com&#x2F;intelligencer&#x2F;2019&#x2F;09&#x2F;what-happened-at-we-why-wework-postponed-its-ipo.html" rel="nofollow">http:&#x2F;&#x2F;nymag.com&#x2F;intelligencer&#x2F;2019&#x2F;09&#x2F;what-happened-at-we-w...</a>
Overtonwindowover 5 years ago
When you believe in unicorns you can’t be too upset when they turn out to just be full of imaginary dreams.
keymoneover 5 years ago
&gt; We thought we were in on something really big.<p>- We.
boboshaover 5 years ago
deja vu over and over again