WeWork is less We and more “I”
The unethical behavior of Adam Neumann, and all who empowered him.
WeWork has been in the news a lot lately. Whether it was the shocking revelations on improper self-dealing by the CEO, the rumored watered-down valuation, or the IPO being pushed further away — this past week, my feed has been saturated with stories and news articles about WeWork. And then came Larry Ellison, who in a private party for investors and entrepreneurs didn’t hold back on his views on Uber and WeWork, and how worthless he thinks these businesses are. I wrote about it yesterday, primarily to highlight my views on Larry being wrong in writing off Uber as worthless. I consciously didn’t talk about WeWork in that story, primarily because I believe it would have been a tad bit unfair to Uber.
Don’t get me wrong, Uber has had its share of troubles, both as a company as well as the founder. If this year media is saturated with troubling tales on WeWork, last year it was Uber the stories were all about. But neither the stories nor the problems are in the same league. Not by a long shot.
THE ELEPHANT IN THE ROOM: IS WEWORK A TECH COMPANY?
Their CEO, in some ways, seems adamant to put it in the same bracket. Though they have been careful of calling themselves a typical…
