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I think your examples help prove the parent comment's point. Each of those companies faced a reckoning when they weren't able to deliver on their promises.
by gundmc 7y ago
I think your examples help prove the parent comment's point. Each of those companies faced a reckoning when they weren't able to deliver on their promises.
- dillonmckay 7y agoNot the Amazon counterfeiters, yet.
- mjfern 7y agoWeWork had its valuation cut and the founder walked away with $1B+. Where can I sign up for this reckoning?
- isoskeles 7y agoGiven this just happened, I don't think it is over yet.
- big_chungus 7y agoIt is very possible that there will be action against Mr. Neumann. Any court of competent jurisdiction would likely rule that he was in breach of his fiduciary responsibility. There are even richer people who are not happy with him, who can hire even bigger armies of lawyers to make his life hard. I'm guessing they'll wait until they've got the company locked down and him out, then start going after him.
- angry_octet 7y agoI wouldn't be visiting any Saudi embassies if I were him.
- smcl 7y agoTrue, the founders can make out like bandits if they time it but the company itself will go down in flames if it's built on bullshit
- mkhpalm 7y agoWhat is Elizebeth Holmes' net worth before and after Theranos? Are we sure she did any real reckoning?
- deleted 7y ago[deleted]
- deleted 7y ago[deleted]
- catalogia 7y agoSupposedly she stopped paying her lawyers, so she might actually be broke.