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A comment on WeWork’s Back Is Against a Wall. Parent comment

Re:WeWork’s Back Is Against a Wall by wayoutthere on Tuesday September 17, 2019 @01:19PM (#20997655)
Softbank are the ones who drove the valuation that high. I agree with the cult of the CEO thing and all, but I’ve always felt the smart money in the valley knew to stay away from WeWork. It was a sucker’s gambit from the start.
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Re:WeWork’s Back Is Against a Wall by whatok on Tuesday September 17, 2019 @01:33PM (#20997850)
Wikipedia is saying that the 2016 round valued We at 16bn which was before Softbank invested. It was already overvalued before Softbank and the corporate governance issues were there before as well.
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Re:WeWork’s Back Is Against a Wall by arcticbull on Tuesday September 17, 2019 @01:44PM (#20997989)
There is a difference between 20% overvalued on the expectation of future growth and 400% overvalued.
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Re:WeWork’s Back Is Against a Wall by puranjay on Wednesday September 18, 2019 @03:45AM (#21003149)
WeWork should be valued around the same as Regus
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