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Old 25.09.2019, 23:26
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Re: Is Adam Neumann - the new Elizabeth Holmes?

A good synopsis of where things are with WeWork in terms of debt and restructuring:

https://www.fastcompany.com/90408860/can-wework-survive

And the clock is ticking...If they launch the IPO and it raises 3 Billion in 2019 (the caveat is 2019!), it will unlock another (6 billion in credit lines) which could give the new co Ceos some breathing room.

I frankly do not see this happening but much is at stake for SoftBank and JP Morgan/Jamie Dimon. I find it funny that Mr Arrogant aka Jamie Dimon fell prey to Neumann. It could spell bad times for Jamie and his role in JP Morgan going forward. Time will tell...
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