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Update:Softbank says WeWork worth $7 billion...how

Turns out the CEO of WeWork got $1,2 billion so not $1.7, but at the same time 4,000 WeWork employees lost their job with 2 weeks severance....

Well what's really funny is WeWork is worth what Softbank says it's worth -- well at least until its auditors ask some hard questions.  The strangest thing is that apparently, Neumann (the Ex-CEO) got $1.7 billion...

First off, no one knows if this is true or BS (my guess the latter)  but nevertheless its hard to see how WeWork can be worth $ 7 billion since it is near bankruptcy bleeding cash and its reputation is in tatters.


Whatever!  The reality is that this is a crazy world.  Lets not forget the Grill Cheese Company (yep that was for real) that had a market valuation of nearly $ 100 million operating 11 food trucks with no (and I mean NO) barriers to entry, tons of copy cats and "how many grill cheese would you eat a week?" oh and operating losses greater than its total revenues...


So Yeah, we work at $7 billion, why not -- this is a crazy world


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