Not sure if you guys are keeping up with the WeWork IPO debacle but it is insane how it went from 46B to 8B, to an ousted founder/CEO and if this doesn’t say bubble to you… I’m not sure what will
This dude trademarked his own company name (personally) and then made that company pay him 6 million dollars to use the name (investor funded)… (that’s just one of the things he has done over there… fracking insane)
I remember the dot com bubble. So many companies had business models that didn’t make money. And I don’t mean not making money yet … They had business plans that had no path to becoming profitable. Yet they were highly valued