Instapundit: WeWork Valuation Craters and Adam Neumann payoff
There was a time when a guy like Adam Neumann would not be rewarded for such behavior (he'd be hung, horsewhipped, or transported to some distant penal colony). What a disaster. Of course, this is not the first time Japanese investors have made bad bets on a start up company. Still, why do I get the feeling we are not learning from past mistakes. When ZeroHedge goes all pessimistic about the USA economy--I don't have a lot to come back with when things like this are happening.
Powerline: WeWork? WeWon't?
Instapundit: Millenial Lifestyle Companies without Profit
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