▲ 329 ▼ WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times (www.straitstimes.com) submitted 2 years ago by fne8w2ah@lemmy.world to c/aboringdystopia@lemmy.world 48 comments fedilink hide all child comments
[–] protist@mander.xyz 32 points 2 years ago (3 children) Didn't he separate from the company a long while ago? Whatever's happening in WeWork right now isn't his business anymore permalink fedilink source hideshow 6 child comments replies: [–] Chetzemoka@startrek.website 17 points 2 years ago (1 child) 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 permalink fedilink source parent hideshow 2 child comments replies: [–] protist@mander.xyz 4 points 2 years ago (1 child) I am very aware, not saying he wasn't involved, just that he is no longer involved and hasn't been for awhile permalink fedilink source parent hideshow 2 child comments replies: [–] kandoh@reddthat.com 1 point 2 years ago (1 child) It's weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn't involved, the majority of his wealth would still be tied to the company. permalink fedilink source parent hideshow 2 child comments replies: [–] protist@mander.xyz 1 point 2 years ago His behavior became a huge liability to the company, so he was bought out by the investors a while back permalink fedilink source parent [+] aniki@lemm.ee 15 points 2 years ago [deleted] permalink fedilink source parent [–] Anticorp@lemmy.ml 1 point 2 years ago Yes. permalink fedilink source parent
[–] Chetzemoka@startrek.website 17 points 2 years ago (1 child) 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 permalink fedilink source parent hideshow 2 child comments replies: [–] protist@mander.xyz 4 points 2 years ago (1 child) I am very aware, not saying he wasn't involved, just that he is no longer involved and hasn't been for awhile permalink fedilink source parent hideshow 2 child comments replies: [–] kandoh@reddthat.com 1 point 2 years ago (1 child) It's weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn't involved, the majority of his wealth would still be tied to the company. permalink fedilink source parent hideshow 2 child comments replies: [–] protist@mander.xyz 1 point 2 years ago His behavior became a huge liability to the company, so he was bought out by the investors a while back permalink fedilink source parent
[–] protist@mander.xyz 4 points 2 years ago (1 child) I am very aware, not saying he wasn't involved, just that he is no longer involved and hasn't been for awhile permalink fedilink source parent hideshow 2 child comments replies: [–] kandoh@reddthat.com 1 point 2 years ago (1 child) It's weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn't involved, the majority of his wealth would still be tied to the company. permalink fedilink source parent hideshow 2 child comments replies: [–] protist@mander.xyz 1 point 2 years ago His behavior became a huge liability to the company, so he was bought out by the investors a while back permalink fedilink source parent
[–] kandoh@reddthat.com 1 point 2 years ago (1 child) It's weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn't involved, the majority of his wealth would still be tied to the company. permalink fedilink source parent hideshow 2 child comments replies: [–] protist@mander.xyz 1 point 2 years ago His behavior became a huge liability to the company, so he was bought out by the investors a while back permalink fedilink source parent
[–] protist@mander.xyz 1 point 2 years ago His behavior became a huge liability to the company, so he was bought out by the investors a while back permalink fedilink source parent