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>A lot of ink has been spilled about how cooky Adam and his wife are but I really liked the WeGrow idea of providing schooling / daycare. Yeah, and everyone li
by navigatesol 7y ago
>A lot of ink has been spilled about how cooky Adam and his wife are but I really liked the WeGrow idea of providing schooling / daycare.
Yeah, and everyone likes the idea of self-driving, solar-powered Tesla robo-taxis, too. Finding things that people want is easy; providing that product or service at a profit is much harder.
At the end of the day, WeWork is a real-estate company. 25% of the world's wealth is tied up in this industry. It's old, and efficient. Borrowing long, lending short is a surefire way to get crushed in a recession. This is known.