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Going to be contrarian and argue its perfectly rational to be angry about Neumann getting $350 Million. Objectively, Adam Neumann does not have the track recor
by spamizbad 4y ago
Going to be contrarian and argue its perfectly rational to be angry about Neumann getting $350 Million.
Objectively, Adam Neumann does not have the track record to support that kind of investment. He does not have a track record of building sustainable enterprises. In fact, there's not even evidence he's more capable than the median technology entrepreneur. a16z could probably generate equivalent returns throwing $10million at the next 35 entrepreneurs who pitch them.
It would only be irrational if Neumann had a track record of actually building sustainable businesses. But he couldn't even do it in a 0% interest rate environment!