$100 B of value in Uber/WeWork/Juul et al has vanished this year from Silicon Valley $100 billion.https://www.wsj.com/articles/silicon-valley-adjusts-to-new-reality-as-100-billion-evaporates-11574764205?mod=hp_lead_pos4 …
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Oh. "Nearly 60% of Fair’s car leases were underwater because Fair overpaid for the cars, leased them out cheaply and didn’t always collect them when customers stopped paying, they said."
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Replying to @eliotwb
Didn’t FB add roughly $170B in market cap in the same time period?
11:25 AM - 26 Nov 2019
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