4 ms·
> Let's not forget that Enron, Theranos and WeWork propagated a form of corporate fraud What aspect of WeWork was/is fraudulent?
by neilc 7y ago
> Let's not forget that Enron, Theranos and WeWork propagated a form of corporate fraud
What aspect of WeWork was/is fraudulent?
- raiyu 7y agoI think as they dig in to the numbers more there maybe some fraud or very shady accounting that starts to pop up.
- lordnacho 7y agoThat might happen, sure, but the point was rather that you just need to look like you're gonna be something to get paid. This will make everyone who wants to start a business at least tempted to spend more time building a facade than an actual business.
- yowlingcat 7y agoLet's start with Community-adjusted EBITDA as far as the more egregious ones go. That was the alarm bell for me.