SoftBank to Book Loss of up to $7 Billion on WeWork, Uber, Others, after Showering $1.7 Billion on Neumann and Hanging his Employees Out to Dry by Wolf Richter • Oct 24, 2019 • 136 Comments However many billions of other people’s money your outfit burns, just make sure you walk away a billionaire.
Here’s What I’m Worried About with the Everything Bubble by Wolf Richter • Oct 23, 2019 • 136 Comments How cash-burn machines power the real economy, and what happens to the economy when investors refuse to have more of their cash burned.
How the SoftBank Scheme Rips Open the Startup Bubble by Wolf Richter • Oct 9, 2019 • 40 Comments This scheme worked wonders for a while but has now run into trouble, and a lot is at stake.
When Was Peak-Insanity of the Unicorn-Startup Bubble That’s Now Imploding? by Wolf Richter • Oct 8, 2019 • 99 Comments WeWork was just late to the defenestration party.
IPOs Crash & Burn, Debris Hits Housing, Office Markets by Wolf Richter • Oct 2, 2019 • 94 Comments Signs are now all over Silicon Valley and San Francisco.
When the Music of the “Wealth Effect” Stops by Wolf Richter • Jul 4, 2019 • 90 Comments The phenomenon has reached historically huge proportions in the Everything Bubble era. But it comes in cycles – with a big impact on the real economy.
California Panics about Losing Businesses and People (to Texas): What the Housing Market Fears Most is Cropping Up in the Data by Wolf Richter • Jun 24, 2019 • 236 Comments But Texans Say, “We’re Full.” And Californians, Buckling Under Housing Costs & Congestion, Tell Wannabe Leavers, “Just Do It”
Walmart’s Desperate $3.3 Billion Acquisition of Jet.com Fails. But it Now Discloses its US Online Sales, and They’re Big by Wolf Richter • Jun 13, 2019 • 60 Comments Ecommerce is an existential threat to Walmart, and it’s furiously trying to get on top of it, whatever the cost may be.
Was this the Very Minute of Peak-Insanity in IPO Stocks? by Wolf Richter • Jun 10, 2019 • 184 Comments Those who bet on the most obvious short in the history of mankind got the heads handed to them.
How a Low Share Price Would be Fatal for Tesla, and Why Musk Has to Pump It Up, Come Hell or High Water by Wolf Richter • May 28, 2019 • 69 Comments This is a cleaned-up transcript of my podcast on Sunday.