Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork
SoftBank brashly poured billions of dollars into “tech-enabled businesses” with large CapEx requirements, like WeWork and a dog walking company, Wag, and pushed them to grow fast. That’s how we found ourselves in the situation we did at Breather, faced with a competitor that pursued growth to the exclusion of unit economics.
Packy McCormick • Masa Madness
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