This is the bull case for We that justifies a stratospheric valuation: it is the extranational life infra and connection market maker for the otherwise hyperalienated worker of tomorrow -- where corporations have surpassed "legacy" social and political units of organization and identity.
Where the valuation came down to earth was when public investors evaluated We as an incrementally better office rental company, and didn't buy the idea of We as creating and monetizing a religion.
Where the valuation came down to earth was when public investors evaluated We as an incrementally better office rental company, and didn't buy the idea of We as creating and monetizing a religion.