I think the takeaway would be that WeWork has found the biggest sucker out there, and that nobody else at this point would invest a dime in them.
Until you can somehow show profit on sales per unit, then you certainly aren't running a sustainable business. All of the more clued in investors are running for the hills. Google ventures invested early in Uber - when was they last time they tossed Uber more money? (Honest question, I don't know)
Seems like WeWork wants to enlist true believers/people who think they can flip their investment. I don't see an exit plan.
Until you can somehow show profit on sales per unit, then you certainly aren't running a sustainable business. All of the more clued in investors are running for the hills. Google ventures invested early in Uber - when was they last time they tossed Uber more money? (Honest question, I don't know)
Seems like WeWork wants to enlist true believers/people who think they can flip their investment. I don't see an exit plan.