Tag: WeWork
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WeFail, WeWork Gets A Delisting Warning From NYSE
WeWork is a big pile of fail, and an example that venture capital is not as smart as the VCs think. We work once had a $47 billion valuation before the IPO. The company is now worth $337 million. WeWork’s founder a Adam Neumann behaved like an unstable god, who smoked piles of cash like…
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Partner Or Employee With Extra Steps?
This morning I saw a post by Paul O’Brien titled “A VC is asking 6% for acting as an advisor…” – My first thought, that is some b******t – O’Brien agreed. His post is well worth reading, and it lead me down another thought pathway. When you give out a lot of equity, you are…
