Matt Levine, Columnist

Sometimes We Flew to the Maldives

Also SoftBank and going dark.

October 25, 2019 at 4:01 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Every sentence is torture:

That’s from a Wall Street Journal article titled “The Fall of WeWork: How a Startup Darling Came Unglued,” and there is just so much more. For instance, when he was deciding which stock exchange would get WeWork’s initial public offering, founder Adam Neumann “summoned the heads of the New York Stock Exchange and Nasdaq to one of his homes in the Hamptons” and demanded that they “ban meat or single-use plastic products in their cafeterias.” Not, obviously, because that would be good for WeWork’s business, or for the liquidity and price of its stock, but because Neumann is personally anti-meat and anti-plastic,1 and he was in charge.