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Temasek, Trustbridge target majority stake in WeWork China at S$1.35 billion valuation


XianGe

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1 hour ago, socrates469bc said:

dont even know why softbank invested in wework in the first place.

 

wework is just a hyped-up version of regus, just like grab/uber is a hyped-up version of taxi booking.

 

i just waiting to see how all these gig-economy companies will burn like ofo bike.

 

that jippun kia also another ho jinx...

take other people money and YOLO machiam he very rich.... 

yes, he made a few good bets earlier... but recent pump money into some questionable bets...

 

anyway, if investment earn money, he bonus gao gao...

if lose money, too bad... investment risk.

 

privatize the profit, socialize the lost.

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14 hours ago, meng.huat said:

 

that jippun kia also another ho jinx...

take other people money and YOLO machiam he very rich.... 

yes, he made a few good bets earlier... but recent pump money into some questionable bets...

 

anyway, if investment earn money, he bonus gao gao...

if lose money, too bad... investment risk.

 

privatize the profit, socialize the lost.

 

now u know why i encourage ownself invest, ownself profit.

 

apparently monkeys do a better job than so-called sexperts and u pay monkeys peanuts.

 

https://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/#5c0ded08630a

 

what really puzzled me is that some of the tech investments he made in the past 10 yrs r highly questionable such as uber, grab, wework etc becos these industries have relatively low profitability and r easy to copy.

 

but apparently there r enough fools out there, even so-called sexperts, falling for these stories.

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