Exactly. Its as stupidly subjective as valuations for works of art. Like that Banksy piece that is worth more now as a destroyed artifactSureeee We Work is the problem. . .
Think about this. . . What kind of system and financial infrastructure is at play here if ANY company can be "overvalued" by 10's of billions of dollars? . . . And that's all We Work's fault. Same article's were written about Facebook and a host of other companies.
Article's like these are only attempt to act as if the stock market is based on fundamentals. . . It's not. We Work is worth whatever lie investors are willing to believe. Once IPO's nothing else matters so long as their earning aren't astronomically lacking. It's all a con . . . But make money if you can.
which one is that?The HBO comedy might as well have been a documentary.
I see these shirts and that logo everywhere in downtown San Diego, had no idea it was a start-up, I always connected it with Ivanka Trump, but I knew I was off base.