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A comment on WeWork Gets a Visit from Financial Reality. Parent comment

Re:WeWork Gets a Visit from Financial Reality by zwkrt on Tuesday January 08, 2019 @10:55AM (#18856411)
Pets.com was also overvalued, right? It's easy to see the winners in hindsight.
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Re:WeWork Gets a Visit from Financial Reality by coldcode on Tuesday January 08, 2019 @12:22PM (#18857316)
Pets went out of business trying to ship heavy dog food for free. But today the logistics for that actually exists. Often it doesn't pay to be too early. If you are too early you need more cash to stick around until you are proven right. Webvan was another example, today food shipping businesses are everywhere (whether they make money or not one can argue) but back then they were too early and tried too hard before the logistics worked.
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Re:WeWork Gets a Visit from Financial Reality by JohnFen on Tuesday January 08, 2019 @04:35PM (#18859957)
> Often it doesn't pay to be too early

As the old adage goes -- the pioneers get all the arrows.

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Re:WeWork Gets a Visit from Financial Reality by Atheros on Tuesday January 08, 2019 @06:22PM (#18860797)
The second mouse gets the cheese.
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Re:WeWork Gets a Visit from Financial Reality by wuliwong on Tuesday January 08, 2019 @12:16PM (#18857260)
It went out of business in 2000 so I guess any valuation over zero turned out to be too high?
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Re:WeWork Gets a Visit from Financial Reality by mrnobody_67 on Tuesday January 08, 2019 @12:48PM (#18857585)
Chewsie sold for $3.35 billion recently...
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