Valuation inflation / delusion only really matters if you’re the last one left holding the bag. So long as there’s someone else willing to buy the game continues for another round.
When the music stops though things get real ugly real quick.
When the music stops though things get real ugly real quick.
Not if you're positioned as too-big-to-fail [1] and can force a government bailout.
[1] https://www.cbinsights.com/research/report/wework-strategy-t...