[PedroBatista]

Should have happened in 2021 but our "brightest VC minds" thought it would be a good idea to burn even more "free" money on this pit.

To be fair, WeWork is just another roll of the dice company from the Uber era of free money. Let's pump it up and become too-big-to-fail! It appears WeWork wasn't big enough..

And they can blame COVID all they want, but the business model was already showing sights of failure before 2020. Yes, COVID accelerated this but it was not the cause.

[fredgrott]

We need to be more detailed about this as it highlights a demographics problem underlying it....

1. Free Money was the tail end of boomers investments pools 2. There will be a 12-year gap until the next investments pools increase from the new workers entering the working market. 3. Next investments pool increase from the new worker cohorts group will be smaller than the boomers.

All this indicates that the strategy of throw money at getting monopoly of market is sun setting and VCs will now have to have the slow growth strategy in their toolbox.

That also means potential founders now need to have that in their toolbox, things to look for:

1. Founders getting creative and partnering up with older experienced people in the domain they are creating their product in.

[jt2190]

> There will be a 12-year gap until the next investments pools increase from the new workers entering the working market.

Why 12 years?

[moate]

Because when we cast the bloody knucklebones the spirts foretold it, 6 and 6 years shall it be 'til the money runs free.

[hn_throwaway_99]

> 1. Free Money was the tail end of boomers investments pools 2. There will be a 12-year gap until the next investments pools increase from the new workers entering the working market. 3. Next investments pool increase from the new worker cohorts group will be smaller than the boomers.

This is voodoo statistics and just plain bad math, a bit like what I like to call "astrology technical analysis". Actual populations don't fit as nice into specific generations that demographers like to put them in. People enter and leave the workforce all the time.

[mynameishere]

Am I the only one who just stops reading any comment if it contains the word "boomers"? It's entered a tidy lexicon with "lol" and "This." and [any smiley].

[codingdave]

While "boomers" is sometimes used mockingly, it also describes an actual generation of people who do have a significant impact on society, and do have enough common ground to make discussion of that generation useful in sociological dialogue. So no, I do not stop reading at the word "boomer" any more than I stop reading at the word "millennial".