22 November 2024

Howe Street Reporter Title

Tag: WeWork

  • Victory Square (VST.C) & FansUnite (FANS.C): the difference between U.S. and Canadian V.C. culture

    Victory Square (VST.C) & FansUnite (FANS.C): the difference between U.S. and Canadian V.C. culture

    A recent article in The New Yorker, savagely attacked American Venture Capital (V.C.) culture – focusing on the billions of dollars wasted on WeWork’s bullshit business model. The CEO of WeWork (an office-share company) was a self-aggrandizing, charismatic, pot-smoker named Adam Neumann who destroyed competitors by charging unsustainably low office rental rates. The V.C companies…

  • Biogen (BIIB.NASDAQ) and the brain death of big pharma

    Biogen (BIIB.NASDAQ) and the brain death of big pharma

    Ever since the greasy arrogant squirrel-faced grin of Martin Shkreli turned our collective stomach, big pharma has come under fire for their pricing practices. Pharma execs, often paid up to 300 times more than their average employee, shot back that research and development costs were crippling and all that needed to be paid for with…

  • The strange story of SoftBank’s rich weirdo CEO, Masayoshi Son

    The strange story of SoftBank’s rich weirdo CEO, Masayoshi Son

    I’ve always wanted to be a rich weirdo. Like Nicolas Cage marrying Lisa-Marie Presley on a whim to feel close to her Dad, buying two private islands, collecting shrunken pygmy heads and living in Anne Rice’s old house in the Garden District of New Orleans weird. But those things get old, and eventually I’d want…