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My assumption has always been that they think over a long enough time scale their investments will become basic defacto infrastructure. Prob entirely wrong, but
by easytiger 7y ago
My assumption has always been that they think over a long enough time scale their investments will become basic defacto infrastructure. Prob entirely wrong, but that's been how I've seen it
- whatshisface 7y ago>their investments will become basic defacto infrastructure If their end goal is having the profit margins of an electric company, then these valuations are pretty hard to justify...
- heavenlyblue 7y agoThey could just invest early into a low-margin yet large piece of the pie that will grow into a multiple of itself. PS: not too fond of WeWork myself, but that's how I could see it.