Snark of the Day

WeWork Officially Files To Be The Last IPO

This S-1 filing is a word quilt made up of every bad idea from every IPO of the past five years.

Dealbreaker

I am used to IPOs for companies that have no path to profitability, but WeWork’s IPO documents admits that its CEO is literally looting the company.

This is a level of bald faced fraud that is extraordinary even by the standards of Silicon Valley.

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