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re: Adam Neumann seems to be doing his slight of hand again and people are falling for it
Posted on 8/22/22 at 1:18 pm to Eurocat
Posted on 8/22/22 at 1:18 pm to Eurocat
There’s this idea in Silicon Valley that founders on their second try tend to be good bets - kinda like the NFL retread HC phenomenon, they’re supposed to have learned from their mistakes and have the same potential as the first go round. And survivor bias says that if they’re giving it a second chance after some rehabilitation time, they’re probably relatively young and talented and now they have some notches on their belt
The issue with the above being that most people believe Neumann has serious personality flaws which may even be forms of personality disorders (extreme narcissist, elements of prejudice in his management, etc). Personality disorders don’t go away, and they were the root of his problems. I can see why someone would take a bet on Neumann bc Neumann actually has a lot of skin in the game here financially, and he took WeWork to a massive high, but I think the risks here don’t go away and it doesn’t end well
The issue with the above being that most people believe Neumann has serious personality flaws which may even be forms of personality disorders (extreme narcissist, elements of prejudice in his management, etc). Personality disorders don’t go away, and they were the root of his problems. I can see why someone would take a bet on Neumann bc Neumann actually has a lot of skin in the game here financially, and he took WeWork to a massive high, but I think the risks here don’t go away and it doesn’t end well
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