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I really hope WeWork wins this one. The world of "investing" needs to chill a little and see a few outrageously exuberant bulls absolutely destroyed before we g

I really hope WeWork wins this one. The world of "investing" needs to chill a little and see a few outrageously exuberant bulls absolutely destroyed before we go from a big bubble to a massive bubble, and then to a massive crash. But then again Masa was already possibly the worst investor in the history of humanity, even before the Vision Fund, so who will take note this time? If he lives through the next 20 years he'll probably run yet another, equally idiotic fund.

jacquesm 7y ago
They were funded based on the bubble, I don't see why the bubble collapsing wouldn't see them crash.
- H8crilA 7y ago
  I just mean I'm cheering for this lawsuit. Every money taken away from stupid "VC" is a win for the future peace of the economy. And obviously it has a very magnified effect - most exuberant people only want to buy at some kind of "all time high". I.e. taking away $1 from Masa will reduce the "dumb money pool" by many times that dollar.
  - jacquesm 7y ago
    That would work if it ended in pockets where it can do some good. Having it end up with WeWork is the same as tossing it into an outdoor furnace.
    - H8crilA 7y ago
      Oh sweet summer child. The Fed has been cranking $1M / second of brand new money for the past 2 weeks... Can't blame you for not seeing just how fucked up the financial system is and how little this WeWork money actually means.
      - jacquesm 7y ago
        It should be possible to make your point without gratuitous insults. Especially when you're wrong, then it makes you even more of a dick. Thank you. FWIW you are off-topic.
        H8crilA 7y ago
        My point is there's no point in making "good use" of this money against the backdrop of what's currently happening. It's a symbol, at best.
        jacquesm 7y ago
        Of course there is. The backdrop is like the weather. In the meantime you could fund a lot of start-ups from that money. Now, arguably, SoftBanks' history is less than stellar but still, the chances of them doing something good with that cash strongly outweigh the chances of WeWork doing something good with that cash. That still leaves your point about the rest of the trillions that have been printed but that is another topic entirely and can be addressed on its own, and likely in a different thread.
        H8crilA 7y ago
        Every cycle, since the invention of money, it's the same thing over and over again - not understanding that it's the demand (investors) that causes problems, not the supply (investments). Demand creates supply. Supply does not create demand. It's like blaming oil wells or oil companies for global warming, instead of the people that buy and burn oil (aka everyone). That is what I meant by "don't expect you to understand", because it seems people never do.
        jacquesm 7y ago
        > That is what I meant by "don't expect you to understand", because it seems people never do. When that feeling hits you repeatedly maybe the problem is on your end. For instance, when you use supply and demand in the opposite way of what 'normal' people do then you are asking for not being understood.

jacquesm 7y ago

They were funded based on the bubble, I don't see why the bubble collapsing wouldn't see them crash.

H8crilA 7y ago
I just mean I'm cheering for this lawsuit. Every money taken away from stupid "VC" is a win for the future peace of the economy. And obviously it has a very magnified effect - most exuberant people only want to buy at some kind of "all time high". I.e. taking away $1 from Masa will reduce the "dumb money pool" by many times that dollar.
- jacquesm 7y ago
  That would work if it ended in pockets where it can do some good. Having it end up with WeWork is the same as tossing it into an outdoor furnace.
  - H8crilA 7y ago
    Oh sweet summer child. The Fed has been cranking $1M / second of brand new money for the past 2 weeks... Can't blame you for not seeing just how fucked up the financial system is and how little this WeWork money actually means.
    - jacquesm 7y ago
      It should be possible to make your point without gratuitous insults. Especially when you're wrong, then it makes you even more of a dick. Thank you. FWIW you are off-topic.
      - H8crilA 7y ago
        My point is there's no point in making "good use" of this money against the backdrop of what's currently happening. It's a symbol, at best.
        jacquesm 7y ago
        Of course there is. The backdrop is like the weather. In the meantime you could fund a lot of start-ups from that money. Now, arguably, SoftBanks' history is less than stellar but still, the chances of them doing something good with that cash strongly outweigh the chances of WeWork doing something good with that cash. That still leaves your point about the rest of the trillions that have been printed but that is another topic entirely and can be addressed on its own, and likely in a different thread.
        H8crilA 7y ago
        Every cycle, since the invention of money, it's the same thing over and over again - not understanding that it's the demand (investors) that causes problems, not the supply (investments). Demand creates supply. Supply does not create demand. It's like blaming oil wells or oil companies for global warming, instead of the people that buy and burn oil (aka everyone). That is what I meant by "don't expect you to understand", because it seems people never do.
        jacquesm 7y ago
        > That is what I meant by "don't expect you to understand", because it seems people never do. When that feeling hits you repeatedly maybe the problem is on your end. For instance, when you use supply and demand in the opposite way of what 'normal' people do then you are asking for not being understood.