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by ramraj07 1048 days ago
Don’t forget that the VCs backed him again on a somehow even shadier, blatantly dystopian startup idea with a metric ton of money again [1].

1. https://fortune.com/2023/07/11/adam-neumann-new-company-flow...
1 comments
Aeolun 1048 days ago
What in the hells?! This is absurd. How does someone that steers their company into the gutter get financed to the tune of $350M again?
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easyThrowaway 1048 days ago
Because it's who you know, rather than what you know, that drives the VC ecosystem for the most part.

They know that one day Adam Neumann is gonna sit on the other side of the table, and whoever is clearing the financing right now will take his turn in proposing his AI-crypto-{NEW TREND HERE} venture and get the money.

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danjac 1048 days ago
He's a made man, as the Mafia used to say. Once you're in the circle you can keep failing upwards.
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coldpie 1048 days ago
One hopes the last 10 years have proven beyond any doubt that personal wealth & success are in no way correlated with skills or value to society.
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