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by bgibbons
1655 days ago
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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 can't make this stuff up. |
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https://www.businessinsider.com/wework-ceo-adam-neumann-inve...