WeWork: The bull case?
The most hated IPO in recent history, WeWork, is set for this month. There’s nothing abnormal about WeWork’s shady self-dealing (typical in commercial real estate), and monopolistic loss-leader strategy (typical among venture-backed growth companies). The grotesqueness of these two things mashed together, however, has blown the minds financial press.
To be sure, WeWork is a high risk bet and is much more likely to end badly than an investment in. That’s the point. There’s been lots of articles written as if that fact is insight. Here’s analysis that is actually worth your time:
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- Ken Rogoff, one of the most respected technocrats in the economics profession lorem ipsum sit amet dolor. Lorem Epsom sit amen dolor.
The CIA manual to sabotage
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If you’re trying to decide whether to buy a home, this calculator from the New York Times is as close as you can come to perfection. The “rules of thumb” are of course more complicated when you actually crunch the numbers.
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