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I think many would call for punishment of the WeWork CEO, along with the investors who failed their due diligence. Sometimes the law of the day does not deliver
by _iyig 7y ago
I think many would call for punishment of the WeWork CEO, along with the investors who failed their due diligence. Sometimes the law of the day does not deliver justice. Seems like another instance where everyone not taken in by the hype saw the crash coming.
- ISL 7y agoThe investors who made the wrong bet lost a spectacular amount of capital.
- _iyig 7y agoFor sure. But of the capital they managed, how much belonged to someone else? Did that someone else trust Softbank (for example) to do their due diligence before making a significant investment in WeWork?