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By many you mean 4 [0] out of 833 [1]. I agree that the fact the number is not 0 by now is somewhat unsavory, but at this point with all of wework expansion it'

by ivalm 7y ago

By many you mean 4 [0] out of 833 [1]. I agree that the fact the number is not 0 by now is somewhat unsavory, but at this point with all of wework expansion it's basically a rounding error (those 4 locations were among the first for weworks). [0] - https://www.bloomberg.com/news/articles/2019-08-14/wework-gave-founder-loans-as-it-paid-him-rent-ipo-filing-shows https://www.bloomberg.com/news/articles/2019-08-14/wework-ga... [1] - https://www.wework.com/locations https://www.wework.com/locations

unreal37 7y ago
It's still a massive conflict of interest. The company lent him the money to buy those properties. Let's say in 2021, when WeWork is running out of money and needs to renegotiate its leases with landlords, is Adam going to lose money on that deal, or will WeWork magically avoiding needing to cut lease payments to him...? Massive conflict of interest. We seems to be designed to make Adam rich as it's primary business purpose.