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by rvz·6y ago·view on hn ↗
> is WeWork the most stylish ponzi scheme of all time?

Almost. The investors caught them exit-scamming and forced them to postpone the IPO due to further scrutiny of their profitability plans. As for the CEO banking his shares pre-IPO, it doesn't give confidence in investors that they are actually profitable or worthy of being $47B (Now less than $9B).

I rarely attack on character here, but I'm afraid this exit-scam almost strongly resembles a certain joker taking his circus on the stock market.