https://tcrn.ch/2VqXDc3 More layoffs That's sad
What do all these wework SWEs even do? iot to figure out when to replace beer?
Actually, something like that, yes. There was a lot of development ongoing to implement tracking throughout WeWork buildings and rooms to figure out how to optimize employee productivity and monetize their day to day activity
That.. makes sense!
Uh oh, they were banking on that IPO to stay afloat...
Heh, banking. Sick pun bro
Should start at the top and work their way down..
They did start at the top.
New startup idea: 1. buy some apartment building and lease it out as "housing subscriptions" below market rate 2. sponge up dumb VC cash and use it to subsidize taking a loss on each tenant 3. ??? 4. never turn a profit
That's called getting a mortgage
Bubble 🎈->💥
The reaper is coming. Bells are tolling for all these inflated companies.