[skywhopper]

This is really gross. Andreessen, who’s used his sway to stop any slight increase in housing density in his own town, talks about the broken housing system and how investing billions into a failed scammer will revolutionize housing in a way that’s completely unstated, but presumably involves attempting to find ways to collect rent from people who need housing while also putting all the capital risk onto those individuals as well. The worst thing we can do for housing is to give any credence to this company’s plans.

[rvz]

Unfortunately, This scammer 'Adam Neumann' hasn't failed and still was able to exit out of WeWork with a ton of money. So he is not entirely a failed scammer and was able to get away with it and try again.

An actual failed scammer is Elizabeth Holmes of Theranos.

[rexreed]

I guess a distinction between a "successful" scammer (Adam Neumann) and an "unsuccessful" scammer (Elizabeth Holmes). Scammers alike but I guess different post-scam collapse treatment by the investment community. Makes you wonder about a lot of things.