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Do the investors in WeWork just allow him to do this? Did he hide it from them? This seems like an obvious self-dealing situation any experienced investor would
by gibybo 7y ago
Do the investors in WeWork just allow him to do this? Did he hide it from them? This seems like an obvious self-dealing situation any experienced investor would be watching out for.
- ergothus 7y agoDo investors care? If WeWork succeeds, he can cut into the profits, but it also means he's invested in the company succeeding.
- evrydayhustling 7y agoIt means precisely that he is not invested in the company succeeding - he makes money either way and can make more by overcharging the company.