> This isn’t like Enron or Theranos where the company is fraudulent, it’s a real, valuable business that was overvalued for a while. SPACs have a long and well

> This isn’t like Enron or Theranos where the company is fraudulent, it’s a real, valuable business that was overvalued for a while. SPACs have a long and well-earned reputation of being associated with fraud so perhaps it's too soon to conclude that WeWork is unlike Enron and Theranos.