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3min chapter
The WeWork “Acquisition” (with Dan Primack)
Acquired
The Switch That Flips
A w s just tnoon knon th we worke, just in the opposite direction. It's a really interesting company that seems to have product market fit but no one looking at the growth and saying there's something massively or mosely wrong with it. But as they keep raising money, he starts taking quite a bit of money off the table. Some definitely from selling his own shares. We won't know they were. By the time we get to now, he has, i believe it's a 500 million dollar loan facility, personally, j p morgan backed by his we work shares,. which is effectively a way to be selling without actually selling your shares along the way.
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