# Is We Work a Fraud? - Henry Hawksberry - Medium - Host: [medium.com](https://links.thingelstad.xyz/hosts/medium.com/) - Saved: September 26, 2019 (2019-09-27T03:39:16Z) - Record: https://links.thingelstad.xyz/links/68898c3002fd/ - JSON: https://links.thingelstad.xyz/links/68898c3002fd.json ## What Jamie wrote 25 points highlighting the mess at We Work. > WeWork will never ever, in its short history, generate a profit, let alone the tens of billions in revenues necessary to generate anywhere near the $3 billion in earnings required to (even then generously) value the company at £47 billion. [Adam Neumann is no longer CEO](https://www.bloomberg.com/news/articles/2019-09-24/wework-ex-ceo-to-staff-too-much-focus-has-been-placed-on-me). I wonder if the damage can be repaired. They lost 2/3rds of their value in the run to the IPO. 💰⤵️🕳 ## Facts - Kind: [Page](https://links.thingelstad.xyz/kinds/page/) ## Appears in - [WT119: Weekly Thing #119 / Sep 28, 2019](https://weekly.thingelstad.com/archive/119/), Notable Links 📌 ## Same host - [John Allspaw: “Getting the messy details is critical”](https://links.thingelstad.xyz/links/70621e613c9a/) (medium.com, August 6, 2019) - [The importance of humility in product management - Thor Mitchell - Medium](https://links.thingelstad.xyz/links/3918917ac738/) (medium.com, September 12, 2019) - [Facing the Great Reckoning Head-On - danah boyd - Medium](https://links.thingelstad.xyz/links/fd81dfe6a6c4/) (medium.com, September 15, 2019) - [A Whole New Look for Darkroom: Light Mode, Multiple Spaces, Shortcut Action, and Sound Effects](https://links.thingelstad.xyz/links/a60430cc5bae/) (medium.com, September 26, 2019) - [Self-serve first: the overlooked but essential paradigm underlying great software companies](https://links.thingelstad.xyz/links/8831fa66515b/) (medium.com, October 3, 2019) ## Saved the same week - [Announcing my Shortcuts Library, featuring 150 Siri Shortcuts to use with iOS 13 - Matthew Cassinelli](https://links.thingelstad.xyz/links/736019f0ca2a/) (matthewcassinelli.com, September 26, 2019) - [Breville BDC450 "Precision Brewer" Coffee Maker — Tools and Toys](https://links.thingelstad.xyz/links/358b20b06b60/) (toolsandtoys.net, September 26, 2019) - [North America Lost a Quarter of Its Birds in 50 Years - The Atlantic](https://links.thingelstad.xyz/links/8d47f0ff7be7/) (theatlantic.com, September 26, 2019) - [Here’s why so many apps are asking to use Bluetooth on iOS 13 - The Verge](https://links.thingelstad.xyz/links/aa22360f90b6/) (theverge.com, September 26, 2019) - [WeWTF, Part Deux | No Mercy / No Malice](https://links.thingelstad.xyz/links/493e5ebc47b1/) (profgalloway.com, September 26, 2019) ## Elsewhere - Wayback Machine: https://web.archive.org/web/*/https://medium.com/@henry.hawksberry/is-we-work-a-fraud-5b78987d3e61