“Unicorn” might be my absolute favorite financial term yet. Listen to this episode to make sense of the recent WeWork madness and other unicorn businesses. We cover the difficulty of determining the worth of “network effect” businesses. In other words, the company is losing money, but it is still worth something. We all may have recently dodged a bullet with the re-pricing of the WeWork Initial Public Offering. Listen to figure out how
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by Good Riot