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by bigwheels 225 days ago
> this feels a little like the WeWork CEO flying couches to offices in private jets

Fascinating! I unearthed the TL;DR for anyone else interested:

* WeWork purchased a $60 million Gulfstream G650ER private jet for Neumann's use.

* The G650ER was customized with two bedrooms and a conference table.

* Neumann used the jet extensively for global travel, meetings, and family trips.

* The jet was also used to transport items like a "sizable chunk" of marijuana in a cereal box, which might be worse and more negligent than couches.

Sources:

https://www.vanityfair.com/hollywood/2022/03/adam-neumann-re...

https://nypost.com/2021/07/17/the-shocking-ways-weworks-ex-c...

1 comments

The couch fascinate me the most because it's almost justifiable. Like offices need furniture and grand openings should be nice; however the cost could never be recovered and the company was way too big to be doing things that don't scale.

In a similar vein, LLM's/AI are clearly impressive technologies that can be done profitably. Spending billions on a model however may not be economically feasible. It's a great example of runaway spending, whereas the weed thing feels more along the lines of a drug problem to me.