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by whack 1410 days ago
Why so angry? This "looser" was a guy who built a company from the ground up into something that is now a unicorn. a16z is hardly a gullible investor that is falling naively for some schmoozer. Who exactly are you worried he's going to exploit?
3 comments

How is this meme of WeWork being a unicorn taken seriously?! They raised $22 billion and currently are valued at under $10 billion. All of that valuation is probably the real estate they bought.

I can literally give you better returns. Give me $20 billion and I'll give you $11 bill back.

Insulting to people who have actually built unicorns to put WeWork in the same category.

ehh... to be fair, lots of companies did much worse. Lots of companies in Fintech during the run up.
it's a landlording scheme, it's obvious
A legit but marginal worry is that Neumann is convincing enough that he will, at some point, succeed in a government bailout.