3 ms·
Forget about WeWork and put ethics aside, the guy turned (pretty much) nothing into billions, they're betting he will do it again. i.e. Neumann has a very high
by moralestapia 4y ago
Forget about WeWork and put ethics aside, the guy turned (pretty much) nothing into billions, they're betting he will do it again. i.e. Neumann has a very high ROI.
- BoiledCabbage 4y agoHe turned 22 Billion of funding into a 4 Billion market cap. My read is he turned something into almost nothing. Or maybe you can say he scammed long enough for a few to profit off of later suckers. But I'm not seeing value creation at all.
- throwawaysleep 4y agoIf you are early, there is tremendous value creation. Greater fool theory.
- germinalphrase 4y agoIt’s a dingy look on the industry.