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Why so angry? This "looser" was a guy who built a company from the ground up into something that is now a unicorn. a16z is hardly a gullible investor that is fa
by whack 4y ago
Why so angry? This "looser" was a guy who built a company from the ground up into something that is now a unicorn. a16z is hardly a gullible investor that is falling naively for some schmoozer. Who exactly are you worried he's going to exploit?
- wahnfrieden 4y agoit's a landlording scheme, it's obvious
- larksimian 4y agoHow is this meme of WeWork being a unicorn taken seriously?! They raised $22 billion and currently are valued at under $10 billion. All of that valuation is probably the real estate they bought. I can literally give you better returns. Give me $20 billion and I'll give you $11 bill back. Insulting to people who have actually built unicorns to put WeWork in the same category.
- vu0tran 4y agoehh... to be fair, lots of companies did much worse. Lots of companies in Fintech during the run up.
- ttyprintk 4y agoA legit but marginal worry is that Neumann is convincing enough that he will, at some point, succeed in a government bailout.