Explaining Adam’s Neumann’s Flow

You may have heard of Adam Neumann, founding CEO of WeWork, the coworking company that raised $13 Billion in funding, peaked at a value of $47 billion, went public at a total value of $9 billion and it trading today for $120 million. Here’s the track record of WeWork as a public company:

Source: Yahoo Finance, 10/10/2023 (Stock price prior to Sept 2023 adjusted for 40-to-1 reverse split)

Remember: Of that $13 billion invested, the total that is left is around $120 million. While some of it did essentially…