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(CNBC)   OnceValued at $5bil, WeWork SellsIts ChineseBusiness for $200mil. That's GottaHurt   (cnbc.com) divider line
    More: Followup, Sovereign wealth fund, Temasek Holdings, Office space provider WeWork, China business, Singapore, Business, shareholder Trustbridge Partners, value proposition  
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451 clicks; posted to Business » on 24 Sep 2020 at 9:05 PM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



23 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2020-09-24 9:33:59 PM  
HaHa!
 
2020-09-24 9:39:48 PM  
BilMil
 
2020-09-24 9:49:10 PM  
Holy shiat those quotes were pure bullshiat optimistic hyperbole.  Too bad for them it's too late for the snake oil scam.
 
2020-09-24 10:36:28 PM  
Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.
 
2020-09-24 10:44:47 PM  

akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.


Um, so they're going to share an office with who knows how many strangers? Why not lick the buttons on an atm while you're at it?
 
2020-09-24 11:09:33 PM  
I find myself weirdly relieved that we've moved on to "mash two random words together" tech-startup names. The older model of random-syllable babytalk tech companies was getting really annoying.

I wonder how Flumpf, Plurk, and Fleegle are doing these days?

/How much you want to bet at least one of those is or was a real company
 
2020-09-25 12:11:46 AM  

Epicanis: I find myself weirdly relieved that we've moved on to "mash two random words together" tech-startup names. The older model of random-syllable babytalk tech companies was getting really annoying.

I wonder how Flumpf, Plurk, and Fleegle are doing these days?

/How much you want to bet at least one of those is or was a real company


Can't be any worse than Quibi, which is still around, but just barely
 
2020-09-25 12:44:15 AM  
I would like to know how to scam VC to investing big money into an overly inflated company so I can resign with a massive payout and not go to jail.
 
2020-09-25 1:51:25 AM  

hlehmann: Epicanis: I find myself weirdly relieved that we've moved on to "mash two random words together" tech-startup names. The older model of random-syllable babytalk tech companies was getting really annoying.

I wonder how Flumpf, Plurk, and Fleegle are doing these days?

/How much you want to bet at least one of those is or was a real company

Can't be any worse than Quibi, which is still around, but just barely


InBev..,

/ Well it could be tech.
// couldn't be beer
 
2020-09-25 3:14:19 AM  

akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.


Almost all the hotels and motels closed here during covid.
One stayed opened by renting out rooms for the day with free wifi for really cheap.
If you really needed to get some work done and the kids were driving you nuts you could check in in the morning, stay for however long you wanted and then go home at night.
They didn't make any money but they didn't lose much either.
 
2020-09-25 4:53:37 AM  
Should have been a franchise model.  Get the building owners to buy in and run the offices instead of leasing vast swaths. Then if better clients show up, they can tear down and move to other buildings or place things in storage until space opens up.
 
2020-09-25 5:00:02 AM  

mcmnky: akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.

Um, so they're going to share an office with who knows how many strangers? Why not lick the buttons on an atm while you're at it?


[thats_my_fetish.jpg]
 
2020-09-25 6:47:41 AM  
SubbysMom SomethingSomething.
 
2020-09-25 8:02:38 AM  
The podcast series on WeWork was fascinating.  Highly recommended.  That thing was farked on so many levels.  Its not my money, but I am still somehow pissed that that @sshat walked away with almost $2 billion.
 
2020-09-25 8:26:20 AM  

Munchausen's Proxy: The podcast series on WeWork was fascinating.  Highly recommended.  That thing was farked on so many levels.  Its not my money, but I am still somehow pissed that that @sshat walked away with almost $2 billion.


Got a link?
 
2020-09-25 8:28:18 AM  

mcmnky: akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.

Um, so they're going to share an office with who knows how many strangers? Why not lick the buttons on an atm while you're at it?


If your office lease is expiring soon, taking one floor of we work on a month by month plan could work.
 
2020-09-25 8:28:51 AM  

akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.


The article claimed that exactly the aftermath of Covid-19 would require more flexibility.

They didn't say why though. Maybe they're right, if people are used to work from home, but occasionally require an office?
 
2020-09-25 8:35:21 AM  

Cajnik: Munchausen's Proxy: The podcast series on WeWork was fascinating.  Highly recommended.  That thing was farked on so many levels.  Its not my money, but I am still somehow pissed that that @sshat walked away with almost $2 billion.

Got a link?


https://wondery.com/shows/we-crashed/​
 
2020-09-25 8:37:09 AM  
I went to one of their SXSW parties with Elijah Woods as DJ a few years back and was not impressed by either.  Most of the people that were there were also criticizing the facilities as well.  It was no surprise to me that the company was a house of cards waiting to fall.
 
2020-09-25 9:21:04 AM  

akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.


Agreed, it was possibly the right product at the wrong time. Get your cleaning protocols down and it's a place for extroverts to gather. Oh, and get rid of the faux-jesus founder types.

As an introvert, I'm fine staying far away from the peoples.
 
2020-09-25 9:36:45 AM  

Chakan: akya: Honestly I could see something like WeWork taking off in Covid Times.

A lot of "work from home" types have homes that cannot be worked in.

Agreed, it was possibly the right product at the wrong time. Get your cleaning protocols down and it's a place for extroverts to gather. Oh, and get rid of the faux-jesus founder types.

As an introvert, I'm fine staying far away from the peoples.


This was actually contrary to the supposed "draw" to WeWork offices.  They wanted to create some type of culture and have parties and make it some type of community where you would work and play, just not live.  It really sounded like he was trying to make a cult
 
2020-09-25 5:14:25 PM  

Munchausen's Proxy: The podcast series on WeWork was fascinating.  Highly recommended.  That thing was farked on so many levels.  Its not my money, but I am still somehow pissed that that @sshat walked away with almost $2 billion.


That @sshat took that money off of the Saudis (via their investment in SoftBank's vision fund) if that makes you feel better.
 
2020-09-25 6:37:47 PM  

Munchausen's Proxy: Cajnik: Munchausen's Proxy: The podcast series on WeWork was fascinating.  Highly recommended.  That thing was farked on so many levels.  Its not my money, but I am still somehow pissed that that @sshat walked away with almost $2 billion.

Got a link?

https://wondery.com/shows/we-crashed/


Thanks you. I'm through the first four, it's great
 
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