He’s not associated with the business anymore. Why would he be impacted by its bankruptcy? He was bought out years ago.
But he retained ownership of the offices We work was renting
Well that’s just stupid on the people doing the buying out lol
I said it once, I’ll say it again:
Residentjal property shouldn’t be allowed to be an investment. Or heavily taxed to make it unprofitable unless you live there yourself.
“Flow will operate multi-family residential properties that aim to foster a feeling of ownership and community”
How cynical…
Selling the “feeling of ownership” to the have-nots. Wow.
aim to foster a feeling of ownership and community
Sounds like EA got into property management
Every room a dlc. They’ll never repair the broken shit. Prices go uo regularly. On your windows are ads. And they’ll ring your doorbell every hour to ask money or cookies. Sounds about right 😁
Residentjal property shouldn’t be allowed to be an investment. Or heavily taxed to make it unprofitable unless you live there yourself.
Why would anyone build new apartment buildings if that were the law? We desperately need to be building more housing, and denser housing.
They’d build them so they can sell them. You can own apartments too.
So everyone needs to be able to spend the upfront capital to buy a home? What about people who want to rent? There are lots of advantages to not buying.
Loans exist. And reduce the upfront cost in paperwork to buying a house. It shouldn’t cost nearly 5 figures just to get documents signed.
So instead of paying rent, you pay loan payments. And the bank can seize your property if you can’t pay. Sounds like six of one and a half-dozen of the other.
“CEOs get paid so much because they ASSUME ALL THE RISK”
(bs)
I hate waking up every day and being told scams and crimes are the best route through life.
The scam economy, brought to you by Late Stage Capitalism. Super cool and fun.
Didn’t he separate from the company a long while ago? Whatever’s happening in WeWork right now isn’t his business anymore
Oh. Are you not aware of the background of this whole thing? The company didn’t fail after he left. The company was a scam right from the start and he was directly involved. He’s just a grifter.
https://jacobin.com/2019/11/wework-adam-neumann-con-artist-grifter-entrepreneur
I am very aware, not saying he wasn’t involved, just that he is no longer involved and hasn’t been for awhile
Shoutout to ColdFusion, who did a nice video on the topic 3 years ago - https://yt.drgnz.club/watch?v=QHQTzeve7OM
Also Adam Neumann’s newest scam https://yt.drgnz.club/watch?v=bmQFc4kMOU8
