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Not necessarily anything (that I know of) wrong with being a WeWork customer, if it suits you. Lots of people who are Uber customers, too, and there's nothing
by rossdavidh 7y ago
Not necessarily anything (that I know of) wrong with being a WeWork customer, if it suits you. Lots of people who are Uber customers, too, and there's nothing wrong with that even if you think Uber is basically a taxicab company and will never make a profit.
The question was whether or not it made sense to value them at 10x what competitors are. I have read that something like $10billion has been shoveled into them, and they are probably are reasonably-priced $4billion company. That doesn't mean there's no value there, just that someone paid 2.5x that value, and now can't find a buyer for 10x.