Implode-o-Meter News - What It's Like to Be Stuck Inside the Wreckage of WeWork

... the structure of the company lent itself to failures of communication and inefficiency. "There are all these people at the top, put up on these pedestals as brilliant visionaries who will never admit when anything's going wrong, and all the rest of the company is just community managers," meaning workers who interact with tenants in WeWork spaces, the current WeWorker said. "Nobody is running the day-to-day business. It's such a shit show. Trying to get finances approved, expenses done--anything that a real company of that size should have the infrastructure for--it's a nightmare."
...
``All of this gestures towards a broader point about so-called "unicorn" companies--startups valued above $1 billion--the current employee observed. "They get these massive, bloated valuations, they're allowed to do too much, too fast, without the proper parameters in place, and then it's the employees and their families who are hurt," they said. "The guys at the top aren't really affected."

Surprise -- between the founders and C-suite goofballs on one end, and the staff working the actual locations on the other, there was no actual company in the middle! How does the financial press not figure things out like this sooner -- even in the case of $10s-of-billions valued "unicorn" startup?

Relevant:

What It's Like to Be Stuck Inside the Wreckage of WeWork