It's an incredible mix of hubris (on the startup's part) and delusion (on the investors part) to call some of these "tech companies". Like WeWork. It's a real estate company that should be valued like a real estate company.
But somehow everyone concurred that it is, indeed, a tech company. How or why, no one bothered to ask.
But somehow everyone concurred that it is, indeed, a tech company. How or why, no one bothered to ask.