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    Monday, 1 July 2019

    The bigger they are, the harder they fall — WeWork and Uber’s fight against reality


    We now know that Uber is worth one of two amounts: precisely $68.95bn or absolutely anything. Never before has a company both been a worthless empty assetless cathedral to hope over unit economics and an invaluable first mover stake in the future of all human mobility.   San Francisco is a city built on hope against all odds and it shows. A place where anything that seems to struggle to make profit is immediately validated by the exceptional nature of Amazon. Where any company that’s making a profit is seen to show a lack of ambition or imagination. A city with…

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