I found this Linkedin post, and i think its a crucial and succinct lesson in the fundamentals of VC math, the kind of returns VCs and their startups need to be making for this to all make sense.
It shows the mountain VCs and founders need to climb. And, clearly demonstrates that this isn’t about ethics and morals, or making the world a better place, or even tech innovation. its about capitalising on opportunities that have the capacity to generate the kind of returns you can’t get elsewhere.
Wework burned a lot of people i’m of the camp that is morally repulsed by Neumann, but the fact is its still a billion dollar company despite all of the founder issues is a data point of note. I wouldn’t be surprised that this might all end in tears, but its not going to go to zero.