Just as one example, Wework is at least partially funded by Softbank which is a fund backed by the Saudi Public Investment fund. The Saudi Public Investment Fun

Just as one example, Wework is at least partially funded by Softbank which is a fund backed by the Saudi Public Investment fund. The Saudi Public Investment Fund is controlled by the Saudi government using regular Saudi people's retirement money, often without their explicit knowledge. If you pick any big startup which is losing a lot of money, it will likely be backed in a large part by public money; either through a national public fund or a superannuation or 401K fund. Money which was invested on behalf of regular people was taken from their retirement accounts which they were often legally obliged to contribute a percentage of their income to. For example, even in a progressive country like Australia, people are forced to contribute 12% of their income to a superannuation fund; the process is intentionally complicated to coerce people into choosing between a small number of large funds. It's fraud on a massive scale because the responsibility for the crime is highly divided such that any single act on its own is not a crime; they are only criminal when taken together and if you assume that everyone involved knew what they were doing.