• BarrierWithAshes@kbin.social
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    1 year ago

    Oh yeah, that’s completely stupid. Getting really sick of these ‘undercut-everyone-monopolize’ companies. Good to see them burn in that case. Wonder if we’ll look back on this era as a bubble.

    • Introversion@kbin.social
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      1 year ago

      If you’re interested in some of the gory WeWork details, I can recommend either reading The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion, or (if you have an Apple+ subscription) watching We Crashed.

      I frankly don’t understand how so many people didn’t quickly peg Adam Neumann as a charlatan. I guess everyone was more worried about Fear Of Missing Out than Fear Of Losing All My Money, and it drove some really dumb investments in WeWork.