OK Which One of You Has This Yacht?
We know it doesn’t belong to former WeWork CEO Adam Neumann or it would be called “Community Adjusted EBITDA.” No words… pic.twitter.com/cV6kzUCZ6s — The Wet Bandits (@ChaseJones11) August 1, 2021 Happy Monday, everyone. Related article: Let’s All Have a Good Laugh at WeWork’s Stupid ‘Community Adjusted Ebitda’
Let’s All Have a Good Laugh at WeWork’s Stupid ‘Community Adjusted Ebitda’ (UPDATE)
Ed. note: this article was originally published April 26, 2018. We have included a 2019 update at the bottom about WeWork’s disastrous attempt at an IPO and how its broken accounting sent the house of cards tumbling down. First, the original article: WeWork, a commercial landlord pretending to be a tech-lifestyle company, raised over $700 […]