On: Adam Neumann will determine WeWork's fate

[facethrowaway]

This seems strikingly similar to Travis Kalanick being paid to leave Uber. Is Benchmark involved?

[maldeh → facethrowaway]

Benchmark is a major investor, actually. But it sounds like they might be getting the short end of the stick on this deal, like almost everybody else.

This case could be quite different from Uber per the thesis of this article by Stratechery: https://stratechery.com/2019/neither-and-new-lessons-from-ub...

While Benchmark was looking to preserve its assets from being squandered on possibly the startup-catch of a lifetime, Softbank on the other hand relishes being the Big Stack Bully, leaning hard on their portfolio companies to aim for home runs everytime, and their excessive leverage allows them concessions from companies most VCs can only dream of.