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Bad journalism. Even if opinion. Even while trying to spin things for We[Work], they still end up saying the valuation makes no sense since they'll never be able to get to $5B+ in revenue realistically any time soon. And without 40%+ growth avg per year for the next 5 years, the company can't really qualify for even a $20B valuation, so how is it going to qualify for a $35B valuation? Sad because SoftBank, Venture Fund, and Masayoshi Son would be cool to root for. But the billions plowed into this was so dumb. And now Uber is costing them possibly billions as well for now. #awful #bad_journalism #pub