nothing matters & everything is optics
it’s amazing how much of wework can be understood as providing (the appearance of) either: 1. legitimacy (office, receptionist, etc.) as a service to startups or 2. innovation (white boards and glass walls) as a service to legacy co’s
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WeWork equity is actually just a giant, highly-levered interest rate receiver swap. https://www.investment-and-finance.net/derivatives/r/receiver-swap …pic.twitter.com/6drZgJaQDN
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So true
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work theater
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