“The con artist formerly known as Adam [Neumann, recently-fired CEO of WeWork] is leaving with more money ($700 million) than the firm is currently worth.”https://www.profgalloway.com/yogababble
-
I like the spirit of this. But it's not like the VCs will lose out big here; they mainly gamble with other people's money. Big losers here include Saudi Arabia's Public Investment Fund and the Canada Pension Plan.
I'm not gonna loose sleep over the Saudi's blood money. and wtf is a pension fund doing in high risk gambling?
-
-
and in the end we work is still a big shell game by a conman and the world would be better if everyone played by the same rules.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Pension funds are common investors in VC funds because they have long time horizons and want high returns to maximize pensions.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.