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Re:WeWork’s Back Is Against a Wall by azylman on Wednesday September 18, 2019 @12:27AM (#21002385)
WeWork takes this much further than other SV companies. In their S-1 filing, they had to disclose something like 100+ related party transactions: https://www.forbes.com/sites/alapshah/2019/08/19/just-how-un...
Re:WeWork’s Back Is Against a Wall by tru3_power on Wednesday September 18, 2019 @01:50AM (#21002676)
Wow, those filings make it seem like the founder was using WeWork as his personal piggy bank. Did I understand it right that he took out a loan from WeWork then used a bonus from the company to pay it back?
Re:WeWork’s Back Is Against a Wall by manigandham on Wednesday September 18, 2019 @02:24AM (#21002811)
He sold the company a trademark for the word "we" for $6M. It was eventually rolled back after media exposure.