2019 Dec 19, 12:31pm
2,674 views 23 comments
Oh my, it just keeps getting worse. Softbank invested $375 million in a robot pizza business. Send in the unicorns...SoftBank-backed Zume is laying off 360 employees, representing about half its staff, and shuttering its robotic pizza-making and delivery business.
If it weren’t for Alibaba, Masayoshi Son would have been bankrupted.
WeWork is a real estate company that offers co-working spaces for rent. Their M.O. is the most common of all real estate business models. They lease property from landowners, transform it to create a community feel, and sublease it by the day or month to startups, freelancers, companies and corporations in need of working space.
I suppose it could work, but then why wouldn't the actual property owners do it?
So they rent wholesale and then sublet space retail.I suppose it could work, but then why wouldn't the actual property owners do it?
My only solace is that they are burning repatriated House of Saud oil money,...