WeWork: The Uber of dumb investments

The sharing economy is a great thing, but not everything deserves a huge valuation. Gareth Brown of Forager Funds discusses WeWork as a case in point.

Am I the only one getting sick of references to some new company being the Uber of this or the Airbnb of that? It’s the Uber of tired metaphors.

Not to say that the sharing economy isn’t an amazing thing. But not every sharing economy solution will be naturally monopolistic in nature. And not every upstart will deserve a multi-billion dollar valuation.

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