The WeWork Debacle is just a Symptom of a Much Larger Problem
October 6, 2019 By Greg Satell
ABSTRACT:
As Mark Twain is reputed to have said, “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” WeWork’s investors thought that by pumping tons of money into a conventional business they could transform it into a super-profitable platform. They were terribly wrong, but they won’t be the last ones to try.
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