From 600+ conversations with the world’s leading thinkers.
We have open and transparent pricing through our futures exchange- that means price is determined by buyers and sellers and not an 'official' selling price set by a producer.
The smallest male can be dominant based on his social skills. Think about it; nobody walks into a big store in London and assumes the biggest person is the boss! It might be the old man; it might be the young woman!
I started from a position of giving, without expectation of return. I also decided that I only wanted to work with people who I loved to work with.
Passion matters… It's rarely a straight-line to success, usually it's a roller-coaster.
The notion of 'alternative' as an asset class sits badly with me because for me, saying hedge-funds – as an example – are an asset class is akin to comparing mutual-funds to being an asset class. The sheer diversity within these groups makes it difficult to define them as a class in their own right, given the complete lack of commonalities across the board.
I don't believe in a magic solution or that there's just one thing that makes everything work. It's about a myriad of elements coming together; circumstances undoubtedly play a significant role too. Add a generous dose of enthusiasm and passion into the mix, and then, just a sprinkle of luck on top.
What the 1% of SMEs in a region that can really grow desperately need is local risk finance. We can think of this as venture capital. But we need venture capital that will work for SMEs, and that means it's got to be locally based. We've got a lot of venture capital, but it's nearly all in London and the Southeast.
There is no business without creativity. Creativity for me is the first condition to establish yourself as a leader in whatever you do in life.
It's about creating legal accountability around the creation of value for stakeholders, not just shareholders. That's what changes the conversation in the boardroom.
If all the money that's ever been invested in hedge funds had been put in treasury bills instead, the results would have been twice as good.
More money has been lost on the mismeasurement of risk than not having risk management at all. The battle is not won through being attuned to risk control. If your measurement of risk is completely wrong, it could be worse than having nothing in place.
What we're seeing is a global shift towards meaning and WeWork is helping achieve that on a global scale.