Re:Adam Neumann’s latest big idea? To become America’s bigge...
by feet on Sunday August 21, 2022 @06:28AM
(#32538846)
The problem is that we should not reward these behaviors, yet we have a system set up that does exactly and purely that
Re:Adam Neumann’s latest big idea? To become America’s bigge...
by sn0w_crash on Sunday August 21, 2022 @02:15PM
(#32542856)
“We” are not rewarding anyone. These are not my tax dollars. Andreesen as a firm is free to invests its money however they wish.
If those investments continue to yield fruitless bets over a finite timeline they will fail.
If their LPs have a problem with this they can take it up with the fund.
Questionable Business ethics and personality issues aside, it is not unreasonable that investors would bet on him again.
Yes, even with the failed IPO.