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90- WeWork - Business Design Teardown
d.MBA
The Pitfall of Investing in a Startup That Makes Artificial Waves
This was one of the quiz questions. We work invested 33 million in a startup that makes artificial waves because Adam is a surfer, boy. This is true. He proposed a governance structure that gave his shares 20 times the voting power of ordinary shares. That was crazy. And I think this was disclosed in those papers that company had to publish when they wanted to go public. So we now only have two quiz questions from my... Might have to put a ban on quizzes in your segments.
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