4 ms·
That sounds more like a continuation of the trend toward turning prospectuses into marketing materials. "Looking" and "believing" don't translate into concrete
by mises 7y ago
That sounds more like a continuation of the trend toward turning prospectuses into marketing materials. "Looking" and "believing" don't translate into concrete action. All this is marketing-speak, and I don't think any of it contributes real value.
- michaelt 7y agoYou might very well think that, and it sounds like you won't be investing. But presumably people who believe "culture" is what makes WeWork a good investment are used to investing in intangible things.
- Androider 7y agoDon't go confusing the kool-aid drinking employees of WeWork with the people investing in WeWork. The 80% haircut on the IPO pricing (to date) is the institutional investor's saying "no thanks" to exactly that type of feel-good BS being spouted in the S1.
- mises 7y agoMaybe I'd understand better if some one could define what this mythical "culture" is. The closest any one has gotten is copy-pasting marketing stuff from a prospectus.
- delfinom 7y agoSEC needs to seriously clamp down on S1 report content.