We Work failure was more to do with bad corporate governance and that was the primary reason Wall street shunned it.
The core problem of VF was pushing companies for growth at all costs which led to companies not focussing on unit economics, not caring about profitability and becoming too big to ever take care of those things. Fixing your unit economics when you are so big is akin to repairing a rocket and changing direction which it is hurtling aggressively to crash. I hope now entrepreneurs will try to build sustainable business hoping for an IPO rather than growing fast to come in eye of VF and take softbank money
The core problem of VF was pushing companies for growth at all costs which led to companies not focussing on unit economics, not caring about profitability and becoming too big to ever take care of those things. Fixing your unit economics when you are so big is akin to repairing a rocket and changing direction which it is hurtling aggressively to crash. I hope now entrepreneurs will try to build sustainable business hoping for an IPO rather than growing fast to come in eye of VF and take softbank money