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A comment on WeWork lays off 2,400 employees. Parent comment

Re:WeWork lays off 2,400 employees by rollerboi on Thursday November 21, 2019 @01:58PM (#21597961)
Not just anyone gets 16b of funding to lose 50% on it. You need to be a very charismatic CEO - maybe borderline cult-leader status
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Re:WeWork lays off 2,400 employees by kmonsen on Thursday November 21, 2019 @03:23PM (#21599125)
I think you also need some "special" investors. In this case softbank appreciated the crazyness of the CEO.
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Re:WeWork lays off 2,400 employees by rollerboi on Thursday November 21, 2019 @03:40PM (#21599339)
Yes, but don't forget that those "special" investors were funded by even richer, special-er investors.

Softbank funded WeWork via the Vision fund, which is primarily funded with Saudi money.

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Re:WeWork lays off 2,400 employees by csommers on Thursday November 21, 2019 @03:59PM (#21599549)
ANYONE can lose that kind of money - that's the point they were getting at.

No need to be pedantic.

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Re:WeWork lays off 2,400 employees by arcticbull on Thursday November 21, 2019 @03:56PM (#21599504)
Right but we're assessing the quality of the business he built. It's crap. That doesn't change with what the parent said.
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Re:WeWork lays off 2,400 employees by Uhuhreally on Thursday November 21, 2019 @02:28PM (#21598383)
and there you have hit the nail on the head
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