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WeWork takes this much further than other SV companies. In their S-1 filing, they had to disclose something like 100+ related party transactions: https://www.fo
by azylman 7y ago
WeWork takes this much further than other SV companies. In their S-1 filing, they had to disclose something like 100+ related party transactions: https://www.forbes.com/sites/alapshah/2019/08/19/just-how-unusual-are-the-related-party-transactions-disclosed-in-the-we-companys-s-1-filing/#755f9080266a https://www.forbes.com/sites/alapshah/2019/08/19/just-how-un...
- tru3_power 7y agoWow, those filings make it seem like the founder was using WeWork as his personal piggy bank. Did I understand it right that he took out a loan from WeWork then used a bonus from the company to pay it back?
- manigandham 7y agoHe sold the company a trademark for the word "we" for $6M. It was eventually rolled back after media exposure.