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A comment on WeWork founder will get $1.7B to let SoftBank take over his company. Parent comment

Re:WeWork founder will get $1.7B to let SoftBank take over h... by neilc on Tuesday October 22, 2019 @03:38PM (#21327725)
> Let's not forget that Enron, Theranos and WeWork propagated a form of corporate fraud

What aspect of WeWork was/is fraudulent?

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Re:WeWork founder will get $1.7B to let SoftBank take over h... by yowlingcat on Tuesday October 22, 2019 @03:55PM (#21327889)
Let's start with Community-adjusted EBITDA as far as the more egregious ones go. That was the alarm bell for me.
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Re:WeWork founder will get $1.7B to let SoftBank take over h... by raiyu on Tuesday October 22, 2019 @03:40PM (#21327744)
I think as they dig in to the numbers more there maybe some fraud or very shady accounting that starts to pop up.
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Re:WeWork founder will get $1.7B to let SoftBank take over h... by lordnacho on Tuesday October 22, 2019 @03:53PM (#21327872)
That might happen, sure, but the point was rather that you just need to look like you're gonna be something to get paid. This will make everyone who wants to start a business at least tempted to spend more time building a facade than an actual business.
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