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I can't help but think Adam Neumann is still laughing all the way to the bank.

• userinanother 3y ago
  I’m sure he’s waiting for the next batch of suckers
  • chrischen 3y ago
    He's already on a new Venture, with billion+ investment from Andreesen.
• faeriechangling 3y ago
  He really makes me think hard about what success means.
  • yieldcrv 3y ago
    Corporations are conduits for the founding shareholders and other beneficiaries of the money conduit Success of the corporation has nothing to do with the success of the founding shareholders, if being used as a conduit: something to draw a salary from, something to sell related property to, something to sell your shared of. Authorize more shares to be created to replenish holdings. Vest at whatever speed you want (30 days? Why not) Neumann understood that, his employees and sycophants should have understood that but did not. I’m currently with a company where all the employees have never been in a “tech startup” and think we are one, when we’re not. I’m the only one that seems to have experience with a tech VC backed tech startups to tell the difference. I think its weirder that there aren’t more of him. Like, people either get too risk averse or comfortable at sort of outdated amounts of money. Or they create companies with this wide ensemble cast of characters for clout, which is also very outdated and unnecessary for what these companies do, which also prevents them from having flexibility on how to direct the conduit to their pockets. But its all so outdated, given the expansion of the money supply there should be way more Neumans, way more Bill Hwangs a version that didnt get margin called and liquidated everything successfully.