Office-sharing start-up WeWork looks to Southeast Asia for expansion

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#11
How many legs does a dog has? Even if all the auditors and bankers are willing to certify that it has 5? (including its tail)

How Venture Capitalists Are Deforming Capitalism

As summer ended in 2019, the S-1 was approved by the company’s board of directors and by the underwriting committees at JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Barclays. “We had the biggest leaders in finance telling us this was the most amazing S-1 they had ever seen,” Miguel McKelvey, the WeWork co-founder, told me. The S-1 was blessed by hundreds of lawyers, accountants, consultants, communications professionals, and other people advising WeWork, all of whom stood to earn millions of dollars when the I.P.O. went through.

https://www.newyorker.com/magazine/2020/...capitalism
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