WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Expansion

Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by keiraarts on Monday March 25, 2019 @08:44PM (#19488219)

The CEO is in a great position!

https://www.wsj.com/articles/weworks-ceo-makes-millions-as-l...

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Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by lucisferre on Monday March 25, 2019 @09:27PM (#19488454)

Turning billions into millions!

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Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by kgwgk on Tuesday March 26, 2019 @04:36AM (#19490083)

Turning billions of other people's money in millions for yourself is not that bad (for you).

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Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by Traster on Tuesday March 26, 2019 @06:05AM (#19490435)

This is what really confuses me. If the business is successful, this bullshit will be small beans and his wealth in wework will make him incredibly wealthy. So there's no upside to doing this if the business succeeds.

If the business fails, not only will he have no wealth from the company, you know sure as shit someone will come after him for these shady practices, putting him in extra trouble.

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Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by humanbeinc on Wednesday March 27, 2019 @03:51AM (#19498810)

No. No one is coming for him. And we all know it.

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Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by opportune on Tuesday March 26, 2019 @02:42AM (#19489714)

I’m getting paywalled but from the small blurb I’m reading that seems pretty fucked up. If you were a smart investor you wouldn’t give him the explicit green light but instead use it as a hedge the business fails so you can sue him for embezzlement

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Re:WeWork’s Annual Loss Doubles to Nearly $2B Amid Rapid Exp... by sjg007 on Monday March 25, 2019 @09:27PM (#19488453)

The Trump playbook.

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