John McNellis

Could California Flame Out?

High housing costs & taxes lead to this: “Once we decided we had to get our employees out of California, we went about our search systematically.”

Does WeWork at All?

The CEO is selling that $20 billion valuation to a lot of smart, rich guys. But WeWork’s entities are known as SPE’s (“Screwing Probably Expected”), and landlords will be the first to go down.