First off, let’s get this out of the way, We Work. Piece of shit.
“A few weeks after Mr. Neumann fired 7% of the staff in 2016, he somberly addressed the issue at an evening all-hands meeting at headquarters, telling attendees the move was tough but necessary to cut costs, and the company would be better because of it,” the WSJ says in the article.
“Then employees carrying trays of plastic shot glasses filled with tequila came into the room, followed by toasts and drinks,” the profile says. “Soon after, Darryl McDaniels of hip-hop group Run-DMC entered the room, embraced Mr. Neumann and played a set for the staff. Workers danced to the 1980s hit It’s Tricky as the tequila trays made more rounds; some others, still focused on the firings, say they were stunned and confused.”
Uber is a cab company that employs kidnapping rapists. Piece of shit.
The next company to attempt to IPO is Peloton and I hate this company with every fiber of my soul.
What the fuck is the point? These bicycles have been around since the 60s, house moms taking to the bike, exerting themselves into a fucking mental illness. Now they’ve rigged these same 1970s machines up with interactive television and all of a sudden, these motherfuckers think the concept is worth over $8 billion? How about no and go fuck yourself?
Losses have recently QUADRUPLED from $48m per annum to $250m, as they attempt to scale this motherless whore into an IPO payday. Do not be fooled by the gimmick or mass promotion of this piece of utter and complete shit. I am promise you this, it will be a serial underperformer post IPO.
How do I know this?
Because the concept is moatless and also complete shit.
In other news, I sold GME for an overnight 8.6% gain.
Thus far for today