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Comment by z0a

If the tech bubble and real estate bubble had a baby, it's name would be WeWork. How is a company that had a net loss of $933 million and that owes $18 billion in rent even remotely worth $35 billion. I'd consider the lemonade stand on the corner to be more of a business than WeWork in the true sense of the word. What's inherently hard about what WeWork is doing? With enough money, anyone can rent out buildings, chop it up, and make it appealing to hipsters with some interior work, then over charge companies and individuals to rent out tiny spaces.
parent z0a 8 years ago

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