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A comment on WeWork Co-Founder Has Cashed Out at Least $700M Via Sales, Loans. Parent comment

Re:WeWork Co-Founder Has Cashed Out at Least $700M Via Sales... by gibybo on Thursday July 18, 2019 @05:29PM (#20474098)
Do the investors in WeWork just allow him to do this? Did he hide it from them? This seems like an obvious self-dealing situation any experienced investor would be watching out for.
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Re:WeWork Co-Founder Has Cashed Out at Least $700M Via Sales... by ergothus on Thursday July 18, 2019 @06:18PM (#20474468)
Do investors care? If WeWork succeeds, he can cut into the profits, but it also means he's invested in the company succeeding.
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Re:WeWork Co-Founder Has Cashed Out at Least $700M Via Sales... by evrydayhustling on Thursday July 18, 2019 @06:51PM (#20474732)
It means precisely that he is not invested in the company succeeding - he makes money either way and can make more by overcharging the company.
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