Looking at an ambitious, high-concept, money-burning endeavor like The We Company[a] from the outside, one would assume "there must be at least some adults in the room, in control of the situation; no one would have signed up on this otherwise... right?"
Apparently, no.
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[a] I'm not sure it can be called a "business." Judging by the financial details in the S-1, if the We Co. doesn't raise gobs of capital soon, via the IPO or otherwise, it will quickly run out of cash: https://www.sec.gov/Archives/edgar/data/1533523/000119312519...
Time for my Old Man Moment: if my years on this earth have taught me anything, it's that most of the time the adults aren't nearly as in control of the situation as we'd like to think. And even if that rare adult realizes the weight of the situation, no one wants to be the one to pull the emergency brake cable when the brick wall looms ahead of us.
Apparently, no.
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[a] I'm not sure it can be called a "business." Judging by the financial details in the S-1, if the We Co. doesn't raise gobs of capital soon, via the IPO or otherwise, it will quickly run out of cash: https://www.sec.gov/Archives/edgar/data/1533523/000119312519...