4 ms·

It seems that FOMO always wins over due diligence these days. It's a great time to start a billion-dollar scam.

• austincheney 6y ago
  WeWork.
  • xmprt 6y ago
    WeWork was less of a scam and more just highly overvalued. Things like Theranos (and probably Nikola) are actual scams.
    • ralph84 6y ago
      The self-dealing between the company and the founder was pretty scammy.
      • vkou 6y ago
        They were, but they were hardly a blip on the company's sorry financials.
    • duskwuff 6y ago
      At least WeWork didn't need any revolutionary technology to execute its business plan. Theranos depended (and Nikola depends) upon specific technologies -- if the technology isn't there, failure is inevitable.
      • ReptileMan 6y ago
        >At least WeWork didn't need any revolutionary technology to execute its business plan Just a miracle