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I dont know about that, it doesn’t seem any different than any startup and private company in this space like ones I’ve worked for where I talk privately with e
by rolltiide 7y ago
I dont know about that, it doesn’t seem any different than any startup and private company in this space like ones I’ve worked for where I talk privately with employees about what we will do with our stock options.
The metrics employees consider are just very far removed from anything that matters for making shareholders money. Its like listening to the most retail of retail investors, where sentiment is “hey I know that brand and dont hate them” invest
And yes, sure, sprinkle a little vested interest on top of that, and possible career derailment if your colleagues hear you till you get a perfect storm of no objective reasoning. The issuer side of an offering like this is always a good hand, the employee side is decent too unless you have to buy your own stock options.
- cult_of_we 7y agoThrowaway (but at least the name is apropos). I worked as a software engineer at WeWork for a bit and no other startup or tech company has come close to the cultishness that Neumann is trying to cultivate there. Some highlights from my brief time there: - mandatory spiritual guidance at a company summit where the “guru” enforced the importance of one’s place in the organization - mandatory attendance at “Summer Camp”, a weekend long music festival with excessive drinking - mandatory attendance of a talk led by Neumann and transferred to Deepak _fucking_ Chopra at Summer Camp - the Meetup founder displaying a picture of the twin towers, post plane crash, on a giant screen at Madison a Square Garden during a company summit And these were just the noteworthy events that rose above the background noise of “What insane thing will Adam Neumann say this time?” each time an all-hands was held.