WeWork's economic model
mardi 29 octobre 2019 à 01:00WeWork aimed to dominate the market by running at a loss and underselling its competitors. Then it tried to go public for an inflated stock price, and fell flat on its face.
The strategy of trying to dominate the world by running at a loss is what Uber is doing. It is predatory, and we should not leave its failure to chance. We should make it a crime and prosecute the executives who do it.