Long WeWork, Short Airbnb?

Long WeWork, Short Airbnb?

Real estate’s two greatest unicorns offer important lessons about the meaning of “tech”, the future of venture investment, and the lasting power of real assets — and real liabilities.  WeWork epitomizes everything people hate about startups. It “reinvented”...
Can ‘We’ Work? Perspectives on WeWork’s IPO

Can ‘We’ Work? Perspectives on WeWork’s IPO

WeWork combines an impressive trajectory with significant risk. Other public companies offer valuable insights about its business model, liabilities, governance, and valuation.  Welcome to the desert of the real. Jean Baudrillard coined the term in 1981 to describe a...