#wework — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wework, aggregated by home.social.
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> Wall Street will just have to speculate on how much cash Musk’s orbital empire is actually generating and whether any of this makes sense.
I reckon it won’t. But do I think that’ll stop them from attempting this?
Thought it would be rather entertaining if it goes the way of WeWork…
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not exactly the AI investor we need but the AI investor we deserve
#masa #masayohsison #AI #Trump #uspol #uspolitics #softbank #samAltman #WeWork #Oracle #larryellison #ChatGPT #OpenAI
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I'm in #milano visiting #horizenlabs 's #wework office. I think it's my first real WeWork experience. I feel... #millennial 😂 (or should I say #genz now?) Anyway, great vibe and a big shoutout to the amazing team!
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This weekend I read the #book 'The Money Trap' by Alok Sama, who was a banker involved in some of those huge #SoftBank investments a few years ago including #Yahoo!, #NVIDIA, #ARM, #Uber, the infamous #WeWork, etc.
It provides a well-written account about how the financial and investment elites operate.
Perhaps the main lesson learned for me is how some of these multi-billion deals are often based not on evidence and data, but personal beliefs and extremely weak forecasts.
Really interesting and enjoyable book, difficult to put down.
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Overheard at #wework
“But, I’m gonna go see Lady Gaga tonight, sooooooo party at the end of
the world!” -
This deeply weird article about the future of AI at Lifetime Fitness as part of its profitability roadmap makes me think this business has peaked.
This article and business has the smell of WeWork. There’s some smoke and mirrors and also a fundamental misunderstanding of AI, of software and of technology.
I’ve read this book before and I know how it ends.
https://www.axios.com/local/twin-cities/2024/11/03/life-time-health-clubs-growing-members-loyal
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WeWork Founder's Climate Firm Refunds Crypto Token Holders After Failed Launch: Forbes - Flowcarbon, which raised $70 million from investors like Andreessen Horowitz, aims to tok... - https://www.coindesk.com/business/2024/09/12/weworks-neumanns-climate-firm-refunds-crypto-token-holders-after-failed-launch-forbes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #carboncredits #finance #wework #news
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“OpenAI could wind up being seen as the #WeWork of #AI.”
#SamAltman and Open AI are #BrokenStairs
https://garymarcus.substack.com/p/the-openai-plot-thickens?utm_source=post-banner&utm_medium=web&utm_campaign=posts-open-in-app&triedRedirect=true -
overheard at #wework: we're moving away from ESG and to the next thing, which is climate impact or whatever so we need more data sets as an investment manager
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On why #AdamNeumann from #WeWork fame keeps getting money for new, equally bovine patty-esque ventures:
the VC/funding community has become more incestuous than the characters from Deliverance, and lacking anything vaguely resembling introspection. It's a circle jerk so furious it's almost vertigo inducing.
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"Meetup just announced they'll start charging group members $2 per RSVP. Lol yeah that's not going to fly.
If you want the full story, Quincy Larson from FreeCodeCamp does a great job of telling it here: [WeWork is Desperately Squeezing Cash Out of Meetup.com by Taxing 225,000 Communities](https://www.freecodecamp.org/news/the-wework-meetup-debacle-and-a-new-chapter/)."
#JoshDzielak, 2019
https://dev.to/dzello/meet-these-open-source-alternatives-to-meetup-com-53d
How did this pan out?
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Oh, and it's funny how desperately the company tries to position itself as a tech company to justify its valuation (#WeWork anyone?) by working on things such as "GoClass" and "GoChat".
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DER SPIEGEL: #WeWork: Gründer Adam Neumann plant Rückkauf der insolventen Firma für mehr als 500 Millionen Dollar https://www.spiegel.de/wirtschaft/unternehmen/wework-gruender-adam-neumann-plant-rueckkauf-der-insolventen-firma-fuer-mehr-als-500-millionen-dollar-a-e3d328e6-b6f9-4d74-b8c7-6def1dc4b40a
Er sollte noch was von den 1,7 Milliarden Dollar übrig haben, die er damals beim Rausschmiss aus WeWork kassiert hat. -
Технологические компании, в которые нельзя было вкладываться – крупнейшие провалы 2023
Обзор стартапов, которые смогли добраться до оценок в миллиарды долларов, но в итоге оказались на экономическом дне. Вас ждут беспилотные такси, индусы, лебеди и обманы инвесторов.
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SoftBank has announced it will take full ownership of WeWork Japan, shouldering the company’s business-related debts. https://www.japantimes.co.jp/business/2024/02/02/companies/softbank-wework-japan-takeover/?utm_content=buffer664c2&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #wework #softbank
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@jimcarroll Perhaps Silicon Valley’s saying should be “move fast and make money“ - The breaking things may just be a byproduct of them trying to distract the investing public from the mostly useless crap they peddle under the guise of future promises of tremendous awesomeness. #WeWork (or example) should be a case study in how Silicon Valley is nothing but greedy carnival barkers trying to distract from their own stench with a catchy phrase: move fast and break things.
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WeWork Files For Chapter 11 Bankruptcy
#Variety #Global #News #WeCrashed #WeWorkhttps://variety.com/2023/biz/global/wework-files-chapter-11-bankruptcy-1235782167/
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I just finished watching "The Beanie Bubble" movie. I know these things are fictionalized but I think the key message was here's another company run by a douchebag man who fucked over a bunch of people who helped him build it. Get triple play with "Super Pumped" the series about Uber, and "We Crashed" about We Work.
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Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs - It would be fair to say the pandemic has had enormous effects on the world of work... - http://feedproxy.google.com/~r/Techcrunch/~3/oMp9ZkAqMEM/ #raspberrypifoundation #unitedkingdom #entrepreneur #mattclifford #sanfrancisco #simonmurdoch #unitedstates #ekaventures #e-commerce #localglobe #robinklein #cofounder #commuting #coworking #kingston #founder #partner #sequoia #europe #grabyo #london #wework
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How WeWork’s Adam Neumann made a pigeon look like a swan - Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, w... - http://feedproxy.google.com/~r/Techcrunch/~3/PS1KTAWYxGA/ #equitypodcast #equity #wework #tc
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WebOps platform Pantheon raises $100M from SoftBank Vision Fund - WebOps SaaS platform Pantheon, which started out as a Drupal and WordPress hosting... - http://feedproxy.google.com/~r/Techcrunch/~3/L-xa8-fhdv8/ #serverlesscomputing #softbankvisionfund #softwareasaservice #as-a-service #club-penguin #salesforce #technology #computing #redislabs #wordpress #pantheon #software #partner #drupal #stripe #twilio #wework #bank #saas #zack #tc
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$100 million… Leta Capital wants to be a friend to Russia-speaking founders everywhere - It’s become increasingly obvious over the last few years, as Vladimir Putin has ti... - http://feedproxy.google.com/~r/Techcrunch/~3/n56UqLzOP4I/ #entrepreneurship #caymanislands #unitedkingdom #entrepreneur #unitedstates #letacapital #technology #365scores #articles #business #indriver #economy #newyork #revolut #ukraine #europe #london #russia #wework #tc
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SoftBank-backed construction giant Katerra said to be shutting down after raising billions - After burning through more than $2 billion in funding, SoftBank-backed constructio... - http://feedproxy.google.com/~r/Techcrunch/~3/TQYo0p5nh-Q/ #greenoakscapital #khoslaventures #softbankgroup #masayoshison #visionfund #companies #dfjgrowth #menlopark #softbank #vodafone #katerra #wework #ceo #tc
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WeWork unbundles its products in an attempt to make itself over, but will the strategy work? - For years, there was a debate as to whether WeWork was a tech company or more of a real estate play.... - http://feedproxy.google.com/~r/Techcrunch/~3/vl2MxGAahUM/ #businessservices #prabhdeepsingh #marceloclaure #softbankgroup #spokesperson #adamneumann #newyorkcity #realestate #georgetown #business #wework
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Adam Neumann is back in the shared economy business with an investment in GoTo Global - Adam Neumann, the controversial co-founder and former CEO of WeWork, has taken a 33% equity stake ... more: http://feedproxy.google.com/~r/Techcrunch/~3/K8uInNNjXhY/ #transportation #adamneumann #automotive #israel #wework #tc
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ClassPass co-founder Sanjiv Sanghavi joins Arcadia, bringing consumer marketing savvy to clean energy - “Helping navigate the elusiveness of product market fit” is how Sanjiv Sanghavi, the co-founder of C... more: http://feedproxy.google.com/~r/Techcrunch/~3/MU01Y2s6Skw/ #energyimpactpartners #renewableenergy #wonderventures #co-founder #classpass #articles #boxgroup #doordash #energy #paypal #wework #tc
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Masayoshi Son resigns from board of Alibaba; defends SoftBank Group’s investment strategy - SoftBank Group founder Masayoshi Son said on Thursday he is leaving the board of Jack Ma’s Chines... more: http://feedproxy.google.com/~r/Techcrunch/~3/EK5pwrdk9Q4/ #venturecapital #softbankgroup #alibabagroup #masayoshison #visionfund #softbank #alibaba #jackma #wework #asia #uber #oyo
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The first Vision Fund is officially done investing (and spent $100M every day of its existence) - There is a flurry of news out of SoftBank this morning, which announced its Fiscal Year 2019 (endin... more: http://feedproxy.google.com/~r/Techcrunch/~3/l0m4qNZXhY0/ #venturecapital #masayoshison #visionfund #softbank #wework #uber
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The great unicorn retreat - Hello and welcome back to our regular morning look at private companies, public markets and the gray... more: http://feedproxy.google.com/~r/Techcrunch/~3/QEDEABM790g/ #darakhosrowshahi #fundings&exits #marketanalysis #ziprecruiter #extracrunch #tripactions #gocardless #techcrunch #deliveroo #getaround #magicleap #pinterest #startups #cohesity #softbank #unicorns #sisense #airbnb #sonder #wework #bird #lime #lyft #uber #oyo #tc
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WeWork co-founder Adam Neumann accuses SoftBank of abusing its power in new lawsuit - WeWork co-founder Adam Neumann accused SoftBank Group of abusing its power in a new lawsuit filed M... more: http://feedproxy.google.com/~r/Techcrunch/~3/5UDDJ7VnZtw/ #venturecapitalfirms #telecommunications #benchmarkcapital #softbankgroup #adamneumann #co-founder #companies #wework #china #tc
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SoftBank-backed Oyo cuts salaries, furloughs employees - Oyo is furloughing more employees globally and levying a 25% pay cut across the board through July t... more: http://feedproxy.google.com/~r/Techcrunch/~3/XDWGebF7WAQ/ #riteshagarwal #softbankgroup #coronavirus #covid-19 #softbank #covid19 #kabbage #oneweb #wework #asia #uber #oyo
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India’s Oyo furloughs thousands of employees as revenue drops by over 50% - Oyo has placed thousands of employees on furloughs for up to three months in the U.S. and several ot... more: http://feedproxy.google.com/~r/Techcrunch/~3/0X27iB6yq08/ #riteshagarwal #softbankgroup #coronavirus #covid-19 #softbank #covid19 #kabbage #oneweb #wework #apps #asia #oyo
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WeWork sues SoftBank in intensifying crisis over canceled $3B tender offer - Just days after SoftBank announced that it would not consummate its $3 billion tender offer for WeWo... more: http://feedproxy.google.com/~r/Techcrunch/~3/jjsVee-obQE/ #venturecapital #softbankgroup #adamneumann #benchmark #wework
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SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally - Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget h... more: http://feedproxy.google.com/~r/Techcrunch/~3/y5bbe-SNk14/ #riteshagarwal #softbankgroup #realestate #softbank #vodafone #wework #asia #oyo
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Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million - Some of Latin America’s leading venture capital investors are now backing hotel chains.
In fact, ... more: http://feedproxy.google.com/~r/Techcrunch/~3/YM43uNA1P38/ #softbankvisionfund #managingpartner #thenewyorktimes #kaszekventures #softbankgroup #goldmansachs #latinamerica #northamerica #sequoiachina #companies #colombia #oyorooms #tencent #wework #india #peru #oyo #tc -
So much for pessimism - After WeWork exploded there was — at least supposedly — a change in sentiment among investors and fo... more: http://feedproxy.google.com/~r/Techcrunch/~3/2L8nZEUAiI4/ #venturecapital #fenwick&west #startups #wework #exit #saas #tc
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Report: WeWork has a new CEO and he’s a real estate — not a tech — exec - If WeWork wanted to cement the impression that it no longer strives to be viewed as a tech company ... more: http://feedproxy.google.com/~r/Techcrunch/~3/GuT3gapPCuk/ #sandeepmathrani #marceloclaure #adamneumann #brookfield #softbank #wework #tc
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IPO pricing for One Medical and Casper will set the tone for 2020’s unicorn debuts - Hello and welcome back to our regular morning look at private companies, public markets and the gray... more: http://feedproxy.google.com/~r/Techcrunch/~3/8KJ_LDGvdj0/ #initialpublicoffering #caspersleep #onemedical #startups #casper #wework #tc
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Tech valuations versus tech-enabled valuations: 2020 IPO edition - The value of tech-enabled companies is coming into focus as several American unicorns test the publi... more: http://feedproxy.google.com/~r/Techcrunch/~3/tScVcYVSr_c/ #fundings&exits #onemedical #atlassian #blueapron #unicorn #wework #tc
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Rappi and Oyo pare staff as Vision Fund companies trim costs, target profits - This week we’ve covered layoffs at unicorns both inside the Vision Fund and out. This afternoon we a... more: http://feedproxy.google.com/~r/Techcrunch/~3/wKwnMaKQHPo/ #luckincoffee #visionfund #getaround #startups #softbank #wework #rappi #lyft #uber #oyo #tc
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Layoffs at Lime and Getaround herald rise of profit-hungry unicorns - Hello and welcome back to our regular morning look at private companies, public markets and the gray... more: http://feedproxy.google.com/~r/Techcrunch/~3/2vDr7qBjpwg/ #thewallstreetjournal #wall-street-journal #fundings&exits #transportation #softbankgroup #spokesperson #peertopeer #companies #getaround #startups #softbank #layoff #wework #bird #lime #tc
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WeWork confirms an up to $8 billion lifeline from SoftBank Group; names new executive chairman - Confirming earlier reports, The We Company and SoftBank Group agreed to a new capital infusion which... more: http://feedproxy.google.com/~r/Techcrunch/~3/LluWdw4rWQk/ #chiefoperatingofficer #softbankvisionfund #softbankgroup #masayoshison #adamneumann #companies #vodafone #wework #japan #tc
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Report: SoftBank is taking control of WeWork at an ~$8B valuation - WeWork, once valued at $47 billion, will be worth as little as $7.5 billion on paper as SoftBank ta... more: http://feedproxy.google.com/~r/Techcrunch/~3/ZwZf50ivp9k/ #chiefexecutiveofficer #venturecapital #softbankgroup #vice-chairman #adamneumann #co-founder #visionfund #companies #coworking #startups #business #jpmorgan #softbank #economy #wework #cnbc #tc