Yaron Naymark on IWG's value case
Yet Another Value Podcast
Is There Ever Really Going to Be a Pot of Gold at the End of the Rainbow?
I think people look at it and kind of they almost sold the company in 2019 for what seemed like a big premium. And then that got pulled away. Mark was able to retain 30% of this company while drawing it from zero locations to 3300 locations over a few decades. If a business does not generate cash, you cannot row it without polluting yourself or taking on too much debt.
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