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Comment by tahdig

Probably to inflate the valuation, do a quick IPO of WeWork for 10x the actual value it should have, get their shares sold on high price, and wave to the fools that took the bait and bought an almost worthless stock.

This whole ordeal was the best that could happen for the normal people, basically fell into the hole they themselves dug, because the economists etc. called their bullshit out loud.

If you have not already, these are good reads from one of the critics of the whole scheme:

1. WeWTF - https://www.profgalloway.com/wewtf

2. WeWTF, Part Deux - https://www.profgalloway.com/wewtf-part-deux

parent tahdig 7 years ago

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