“False optimism can easily lead you astray and prevent you from making contingency plans or taking bold action.”
The out-of-money moment is here. The party is over. But it sure was fund, so to speak, while it lasted.
The fatal flaw of meal-delivery unicorns.
Tender Offer Didn’t Happen. Bonds Plunge to Record Low. This comes after WeWork reported a $1.25 billion loss in Q3. Second thoughts about throwing so many good billions after bad?
Burning cash is easy; It’s quite flammable and just goes up in smoke.
However many billions of other people’s money your outfit burns, just make sure you walk away a billionaire.
How cash-burn machines power the real economy, and what happens to the economy when investors refuse to have more of their cash burned.
This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
WeWork was just late to the defenestration party.
Signs are now all over Silicon Valley and San Francisco.