fne8w2ah@lemmy.world to A Boring Dystopia@lemmy.worldEnglish · 1 year agoWeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Timeswww.straitstimes.comexternal-linkmessage-square57fedilinkarrow-up1341arrow-down113
arrow-up1328arrow-down1external-linkWeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Timeswww.straitstimes.comfne8w2ah@lemmy.world to A Boring Dystopia@lemmy.worldEnglish · 1 year agomessage-square57fedilink
minus-squareprotistlinkfedilinkEnglisharrow-up4·1 year agoI am very aware, not saying he wasn’t involved, just that he is no longer involved and hasn’t been for awhile
minus-squarekandoh@reddthat.comlinkfedilinkarrow-up1·1 year agoIt’s weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn’t involved, the majority of his wealth would still be tied to the company.
minus-squareprotistlinkfedilinkEnglisharrow-up1·1 year agoHis behavior became a huge liability to the company, so he was bought out by the investors a while back
I am very aware, not saying he wasn’t involved, just that he is no longer involved and hasn’t been for awhile
It’s weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn’t involved, the majority of his wealth would still be tied to the company.
His behavior became a huge liability to the company, so he was bought out by the investors a while back