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A comment on WeWork Bonds Drop Below Par for First Time Since IPO Filing. Parent comment

Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by bduerst on Tuesday September 10, 2019 @12:09PM (#20929748)
That's survivor bias though, isn't it?

There are a ton of bad ideas and companies that sink all the time. WeWork isn't new or unique in this regard, for reasons you described.

Just because you see a boat sink doesn't mean the other floating boats are going to start sinking as well.

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Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by TylerE on Tuesday September 10, 2019 @02:23PM (#20931482)
WeWork is VERY big though.

For instance, their market cap is 1.5x what Kodak peaked at.

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Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by hari_seldon_ on Tuesday September 10, 2019 @03:14PM (#20932260)
Which market cap? The one that was set by investors during the last round and has already been more than halved?
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Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by skinnymuch on Tuesday September 10, 2019 @09:14PM (#20935649)
Market cap is almost never used as the valuation of a privately held company. Their valuation which since around $17B has almost solely been funded by SoftBank and the venture fund? SoftBank took them from a $20B valuation with others to solo pushing them up to $47B over the course of less than 2 years. That doesn’t count as a market cap.
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Re:WeWork Bonds Drop Below Par for First Time Since IPO Filing by bduerst on Tuesday September 10, 2019 @03:25PM (#20932453)
>market cap

You mean their private unicorn valuation? Kodak is publicly traded, WeWork is not, so you can't compare them. WeWork isn't that different from most failing unicorns.

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