Re:WeWork Parent Weighs Slashing Its Valuation in Half
by whatok on Thursday September 05, 2019 @11:34AM
(#20887745)
At least they tried to clean up Uber before the IPO. This thing just seems really sloppy on multiple fronts.
[ Parent
| on HN ]
Re:WeWork Parent Weighs Slashing Its Valuation in Half
by xivzgrev on Thursday September 05, 2019 @11:49AM
(#20887887)
Yea the ceo seems a bit of an egotistical guy, and felt we work was so awesome the “retail” markets would look past the shenanigans. He was wrong, and he’s back pedaling to salvage it. First the trademark payment, now this. Hopefully he will also clean up the corporate structure and his voting power (but prob not).
Re:WeWork Parent Weighs Slashing Its Valuation in Half
by arcticbull on Thursday September 05, 2019 @02:40PM
(#20889569)
He already sold $700M worth. [1] I'm not sure he cares anymore.
[1] https://techcrunch.com/2019/07/18/wework-ceo-adam-neumann-ha...
Re:WeWork Parent Weighs Slashing Its Valuation in Half
by ummonk on Thursday September 05, 2019 @03:24PM
(#20889937)
>and the over $100 million that Mark Pincus took off the table ahead of Zynga’s offering.
Damn, I know someone who got screwed over by the IPO lockup there.
Re:WeWork Parent Weighs Slashing Its Valuation in Half
by origami777 on Thursday September 05, 2019 @09:24PM
(#20892190)
It's not ego, it's greed.