Post by Flying Monkeys on Oct 15, 2019 9:58:45 GMT
It's an office rental company.
There's nothing tech about it. So why was it given a tech-level valuation?
The guy's a con-man.
Remember in the late 90s when loads of companies were misleading the market by selling themselves as internet (i.e. technology) companies because they had a website? Most prevalent of which, in the UK, was lastminute.com - a huge tech-level valuation was assigned, even though it was a travel agent, ffs.
www.theguardian.com/business/2019/oct/15/wework-sack-staff-workers-adam-neumann
There's nothing tech about it. So why was it given a tech-level valuation?
The guy's a con-man.
Remember in the late 90s when loads of companies were misleading the market by selling themselves as internet (i.e. technology) companies because they had a website? Most prevalent of which, in the UK, was lastminute.com - a huge tech-level valuation was assigned, even though it was a travel agent, ffs.
www.theguardian.com/business/2019/oct/15/wework-sack-staff-workers-adam-neumann
