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A comment on Adam Neumann planned for his children and grandchildren to control WeWork. Parent comment

Re:Adam Neumann planned for his children and grandchildren t... by notahacker on Saturday October 19, 2019 @08:49AM (#21298207)
Amazon was really, really good at finding cost-effective ways to grow its business and brilliant at logistics. Pets.com infamously spent a fortune on branding and advertising without doing any market analysis, so they weren't prepared for just how small pet supply margins were or how slow adoption would be. It's not ridiculed mainly for being an online petstore, which could have been a viable business even in the 1990s

Worth remembering Amazon invested in pets.com though...

[ Parent | on HN ]
Re:Adam Neumann planned for his children and grandchildren t... by JohnJamesRambo on Saturday October 19, 2019 @09:09AM (#21298279)
> infamously spent a fortune on branding and advertising without doing any market analysis

This actually sounds exactly like the current tech unicorn overvaluation party we find ourselves in.

[ Parent | on HN ]