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It's funny how Neumann got kicked out of WeWork, and how much backlash WeWork received since, when most PE firms pull the same shit every single time. It's eith
by fakedang 6y ago
It's funny how Neumann got kicked out of WeWork, and how much backlash WeWork received since, when most PE firms pull the same shit every single time. It's either the hollow-out-and-destroy playbook, or the raise-prices-then-sell-back-to-government playbook for all of these firms. Glad to have left that world.
Oh, then there's the milk-as-much-as-you-can-from-govt playbook. An example, SL Green, which advertises itself as NY's largest commercial real estate firm, applied for the federal aid package as a "small business".