WeWork

[Big Toe]

Oh yes, bike share. I think I did comment extensively on bike share and it turned out exactly what was expected of it.
Bike share had zero chance of survival from the start, the idea is great but the economics and human behavior will make it fail miserably. Wework probably had a higher chance being a viable company.

[specuvestor]

To digress a bit, parking your bike where ever you wish is testing the limits of societal tolerance. Secondly the lack of ownership of the asset is a clear red flag that it won’t work.

Finally see attached the now infamous presentation by Mayoshi Son

Reminds me of Ofo Bike Dai Wei lost and Mobike Hu Weiwei won because she know when to quit and sold out. Sometimes it's important to know oneself... is it fundamental, opportunistic or just a puff.

Arguably Neumann was forced to quit like Uber Kalanick with too much hubris, rather than foresight. Mayoshi Son is overrated in my view but the legacy still there as long it doesn't implode.

Hero and Zero is a fine line that is often timeline dependent. We overestimate the number of possible history makers when progress is often "progressive" stepping on the shoulders of giants