So much for pessimism Whatever lesson WeWork was supposed to teach, it doesn't appear to have made much impactAfter WeWork exploded there was — at least supposedly — a change in sentiment among investors and founders alike.
Gone were the days of easy nine-figure rounds, expensive growth, negative unit economics and the rest of the excess that Startupland has enjoyed over the past half-decade.
Inside this purported sentiment shift, I presumed, was a decrease in optimism; surely venture capitalists and entrepreneurs would change their behavior inside this new paradigm?
Cloud stocks are at all-time highs and One Medical is still defying gravity as a public stock.
Whatever lesson WeWork was supposed to teach, it doesn’t appear to have made much impact.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
Advertise with us to boost your article, content pience, product, event, conference discovery to our readers which includes founders, startup enablers, investors and every key stakeholders from global startup eco-system.