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I think the established office owners were astonished at the high valuations in an otherwise boring industry. I remember this article from a few months ago. htt
by rb808 7y ago
I think the established office owners were astonished at the high valuations in an otherwise boring industry. I remember this article from a few months ago. https://www.reuters.com/article/us-usa-property-wework-value/weworks-starry-valuation-dazzles-landlords-reaffirms-doubters-idUSKCN1SG1VD https://www.reuters.com/article/us-usa-property-wework-value...
It also mentions the big problem with We, than in the next downturn the revenue will likely stop and it'll be in trouble.
- lonelappde 7y agoThe radical transparency is refreshing. WeWork became We because it doesn't work.