4 ms·
Wework is now valued at 16B dollars
- sage76 10y agoI don't know how this real estate company is being valued like a tech company. Having a website and online booking now somehow seems to make you a tech company. I guess we should just party like it's 99.
- tmaly 10y agoI bet the fundamentals do not support this valuation. What is their cashflow look like?
- sage76 10y agoAnother article : http://thehustle.co/why-wework-is-worth-so-much http://thehustle.co/why-wework-is-worth-so-much Quote : "Boston Properties, the largest publicly-traded office real estate company, owns 47 million square feet of office space and has a market cap of $18B. The company has real, tangible, assets and is valued only slightly more than WeWork who’s renting a total of 80 offices."