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Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall by 1letterunixname on Monday November 06, 2023 @10:42PM (#38172970)
It's a prerequisite to be a fool to invest in, or start, a business of the startup subtype. This isn't a bad thing™ on its own if there a path to something that can also be a mildly or wildly profitable business. One issue is not every founder can become a CEO, and that's okay. And not every startup->business CEO wears the CFO hat enough of the time to keep their numbers on a sustainable trajectory. That's one of the differentiators between startup CEOs and corporate CEOs.

For every wildly-ambitious founder or founder team, they need to bend an ear toward the sage advice of a conservative corporate CFO to ensure the venture stays alive and has a chance to thrive. Surrounding oneself with "toxic economic positivity" is a recipe for failure.

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