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by youngtaff
958 days ago
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> Business value is the value that a business creates through sales or services. So essentially, income - expenses + goodwill. Well WeWorks’ business value was negative as expenses always(?) exceeded revenue Goodwill is the excess paid for a business over the value of the assets so it’s a fudge factor at best When a founder of a company that’s never really made money walks away will hundreds of millions and everyone else gets stiffed you know there was something very wrong going on |
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