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by birdyrooster 2439 days ago
He didn’t create a very valuable company. It’s deeply in the red (the opposite of what you are claiming).

Those people could’ve had better career paths without having to bail from WeWork. Other jobs did exist due to record unemployment numbers.

That is why it is terrible. It’s a waste of an opportunity given to a guy who is a human shaped locust.

2 comments

> He didn’t create a very valuable company. It’s deeply in the red (the opposite of what you are claiming).

Unfortunately, in this day and time, sometimes company's value has very little to do with profit or even revenue.

It does until it doesn't. Capital injections don't last forever. Eventually profits and cash flow matter.
Clearly someone thinks it’s valuable given that they are paying for it.