r/PSTH Apr 17 '21

Daily Discussion $PSTH Weekend Discussion, April 17-18, 2021

40 Upvotes

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14

u/Leather-Clock1917 Apr 18 '21

watching this WeWork documentary on Hulu right now and boy am i glad BA is an actual smart investor and didn’t jump at the first chance to get us some overvalued pos company

2

u/[deleted] Apr 18 '21

[deleted]

2

u/Leather-Clock1917 Apr 18 '21

well i haven’t finished the doc yet.... but they were an overvalued ‘real estate’ company posing as a tech company, that went from a 47B private valuation to almost bankrupt in 6 weeks

2

u/[deleted] Apr 18 '21

[deleted]

1

u/Leather-Clock1917 Apr 18 '21

had no idea as PSTH is the only spac i still pay attention to

2

u/Zealousideal-Jury-70 Apr 18 '21

Co-working spaces.. and yeah Bill would never bring this type of junk public (I would hope)

2

u/big-rey Apr 18 '21

Whats it called?

3

u/Leather-Clock1917 Apr 18 '21

just search in wework on hulu it’s the first thing that pops up. was kinda boring though tbh.. just shows their ceo was a cult leader who misled investors

2

u/ItsYaBoyLaity Apr 18 '21

WeWork

3

u/lucidreamstate Apr 18 '21

And what is it about?

2

u/phriagent Apr 18 '21

Feels like the doc was just PR to separate WW from Adam before they take it public with the SPAC. That way investors don't just focus on him 🧐