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This is dangerous in case of WeWork, since founder is leasing property to WeWork. Founder knows how much profit is company generating, he can increase rent pric
by tuyguntn 7y ago
This is dangerous in case of WeWork, since founder is leasing property to WeWork. Founder knows how much profit is company generating, he can increase rent prices and make WeWork zero profitable all the time, but his other company earns all profit, because he has >50% voting power, he might decide to stay with his own company even if he increases rent