Oracle's billionaire cofounder and CTO, Larry Ellison, said WeWork is "almost worthless" in a scathing indictment of the company's business model. Ellison offered a scathing take on WeWork's business model: "WeWork rents a building from me, and breaks it up, and then rents it. They say, 'We're a technology company, and we want a tech multiple.' It's bizarre."