II. All organizations are systems


  1. WeWork’s dazzling fall in the second half of 2019 was a reminder that all organizations are systems–and those systems have to make sense. One of the alarms that WeWork’s IPO filing was the questions surrounding some basic organizations issues, such as who owned the name and the relationship of the company (and its founder) with its own office space. The result, according to this article, is a return to the basics of wanting companies to be profitable as one measure of valuation. 
    • “It was a House of Cards”: After WeWork (And Uber, and Fitbit, etc.), Wall Street Loses Faith in Unicorns,” William D. Cohan. Vanity Fair, November 4, 2019 (Click Here).