This article is brutal to read. Does Softbank have a new Narcissist Fund? First WeWork and now Better. Crazy how this company was still able to go public throiugh a SPAC when it couldn't IPO through traditional processes because Morgan Stanley wouldn't do it due to lawsuits. Then you have an executive that gets options with no vesting schedule, a board that doesn't seem to have any oversight over its CEO, etc. You can't make this stuff up.
I think WeWork stories are still more absurd like investing 13 million into the surfing tech company Wavegarden or smoking weed on the corporate jet with work colleagues in countries where it is illegal.
bgibbons|4 years ago
unknown|4 years ago
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1cvmask|4 years ago
https://www.businessinsider.com/wework-ceo-adam-neumann-inve...