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by AVTizzle 2424 days ago
Watching WeWork's IPO fall apart was satisfying because it felt, in part, like a small bit of justice being served.

Sadly, this outcome for Neumann is the undoing of both that sense of satisfaction and of justice.

(Note to self: don't let this jade you. Keep focusing on creating wealth by creating value.)

1 comments

Steve Blank, I think in his original, self-published "Four Steps to the Epiphany", said something like, "But if another bubble comes along, ignore all this, because my advice only makes sense if creating value for customers is rewarded".

I think he was right, and I really hope WeWork is the end of the "Uber for X" wave, wherein losing gobs of money was somehow seen as a sign of success, and not a cause for great shame. It's be nice to get back to actually serving customers.