Following WeWork's warning that it could be headed for bankruptcy, FOX Business gives a timeline of the long-suffering co-working company's years of troubles.
Lol, no. It was alllllllllll fake the entire time. It’s just that once the IPO had happened and the founder ran off with his billions, they really had to try to make this completely unworkable business model work
“In retrospect, Neumann’s knack for amassing billions of dollars in venture capital with no viable business model was one of the greatest scams of the twenty-first century.”
Weren’t they fumbling a sure thing, even before that? I thought they were slightly on fire by mid-2019.
Lol, no. It was alllllllllll fake the entire time. It’s just that once the IPO had happened and the founder ran off with his billions, they really had to try to make this completely unworkable business model work
“In retrospect, Neumann’s knack for amassing billions of dollars in venture capital with no viable business model was one of the greatest scams of the twenty-first century.”
https://newrepublic.com/article/160299/wework-book-review-billion-dollar-loser-rise-fall-adam-neumann
He had WeWork renting the buildings from him, the founder of WeWork. That’s some A+ grifting right there.