Show an ad over header. AMP

I am the second

WeWork book paints picture of the $10 trillion mirage

This single slide — marked up in the yellow scrawl of SoftBank CEO Masayoshi Son — captures this era's euphoria over the hyper-scaling of tech startups, combusting with extremely low interest rates:

The big picture: Cash gushers chase indefensible valuations on delusional growth prospects and paths to profitability, with little regard for the reality of the underlying business and market structure.

Keep reading...Show less

Related Articles



Get Goodhumans in your inbox

Most Read

More Stories