|
|
|
|
|
|
by sparrc
964 days ago
|
|
|
> The stock market does not equal the economy. At best, it equals what 1% of the population thinks they can get out of the lower 99%. WeWork's ridiculous valuation was not the stock market, it was VC private investors (mostly SoftBank) who hyped up the valuation. When WeWork hit the stock market is actually when reality started to hit. They have NOT done well on the stock market and this is part of why they're about to go bankrupt. |
|
|