Monday, November 18, 2019

Chinese Communist Party Paper Comments on WeWork

From China Daily:

 'Golden unicorn' loses its luster 
After a failed initial public offering by the shared workplace company WeWork, multinational conglomerate SoftBank came to the rescue with a seemingly odd idea: pay Adam Neumann, the man who created the mess, $1.7 billion to walk away.

This marked a precipitous plunge for Neumann, who set out to "elevate the world's consciousness".
Unicorns - new companies valued at more than $1 billion - were once so rare they were named after the mythical creature. Their allure alone attracted investors....MUCH MORE
...At Baruch College in Manhattan, Neumann told a story about his first date with Rebekah, now his wife. "She looked me straight in the eye and said, 'Every single word that comes out of your mouth is fake'," the Times reported....
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