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>...he is trying to build after running we work to the ground... I do not disagree with your thesis, but Adam Neumann got paid close to $1 billion to leave WeW
by fbdab103 3y ago
>...he is trying to build after running we work to the ground...
I do not disagree with your thesis, but Adam Neumann got paid close to $1 billion to leave WeWork. Sounds like he ran it in the most personally profitable way possible. Although, still well short of his trillionaire goal.
- praptak 3y agoThis makes the main point stronger, not weaker. The main point was that no rational person would ever found his business.
- rchaud 3y agoThe overarching point is that the way market capitalism is structured today increasingly incentivizes these kinds of decisions. That is not to say that Softbank completely dropped the ball on monitoring and oversight. Under no circumstances should Neumann have been allowed to self-deal by purchasing buildings with WeWork share collateral and leasing them back to the company.