WSJ: WeWork: A $20 Billion Startup Fueled by Silicon Valley Pixie Dust; CEO OUSTED REMAINS CHAIRMAN

[phcitywarrior]

Interesting that coworking might be a growth industry again.

Honestly, some businesses fail not because the business case is bad, but the timing isn't there. The business launches prior to there being a strong enough demand in the market place.

While I don't think the US will go full remote just yet, I do think flex schedules are here to stay. 2 in office, 3 days out etc. For those days out, having a quiet, clean and dedicated coworking space could make a lot of sense for many workers. At home there are a lot of distractions for those that aren't disciplined. Being in a "work" environment helps mitigate that.

 

[☑︎#VoteDemocrat]

Interesting that coworking might be a growth industry again.

coworking isn't a new idea...it was that we work was just too accessible

 

[Da_Eggman]

Listen to a podcast about this

the dude was like trump failed at everything but keep getting people to give him money

Claiming they were a tech company was amazing

 

[GnauzBookOfRhymes]

Honestly, some businesses fail not because the business case is bad, but the timing isn't there. The business launches prior to there being a strong enough demand in the market place.

While I don't think the US will go full remote just yet, I do think flex schedules are here to stay. 2 in office, 3 days out etc. For those days out, having a quiet, clean and dedicated coworking space could make a lot of sense for many workers. At home there are a lot of distractions for those that aren't disciplined. Being in a "work" environment helps mitigate that.

Absolutely. Business will never be truly 100% remote.

I was never down on coworking itself as a business. Was just obvious that wework was never meant to survive, it was just a way for a few to cash out.

 

[Sbp]

Listen to a podcast about this

the dude was like trump failed at everything but keep getting people to give him money

Claiming they were a tech company was amazing

What podcast breh

 

[☑︎#VoteDemocrat]

Swisher & Galloway need to watch out, Softbank may try & get them clipped for fukking up the money

they're going after Palantir and funny money after yesterday's podcast

 

[Da_Eggman]

What podcast breh

WeCrashed: The Rise and Fall of WeWork - Wondery

 

[Macallik86]

Swisher & Galloway need to watch out, Softbank may try & get them clipped for fukking up the money

Lol @ Softbank's money getting fukked up. News came out yesterday that they may have messed up the stock market which caused the prices to run higher. I guess they decided to throw a chunk of change in the stock market with all of their company valuations going in the shytter

Definitely free link:
Yahoo is now a part of Verizon Media

Source article (occasionally paywalled)
Subscribe to read | Financial Times

 

[Slim]

They just had their IPO today. Current market cap is 9B+.

Which means after all the bullshyt, Neumann (who retained a large stake in the company) is a billionaire.

 

[88m3]

 

[Regular_P]

I'm reading Billion Dollar Loser, the book on this bozo Adam Neumann, and I have to put it down if I read for more than a half hour out of pure frustration.

This grifting piece of shyt getting to walk away with the money he did is criminal.

 

[ogc163]

 

[☑︎#VoteDemocrat]

Whiteness is amazing

 

[morris]

Whiteness is amazing

They stick together and practice group economics. Others should do the same

 

[dora_da_destroyer]

really surprised andreeson and horowitz did this...not surprised by this white prick running the finesse move on someone else tho