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It’s reasonable to assume if they could have hit a button to demonstrate profitable unit economics or profit in long running spaces, they would have amended the

• ineedasername 7y ago
  This ability to turn on profitability was decently spelled out in their S-1. It was too late to amend it further to reemphasize the point because investors had already massively soured on the deal and would not take mere assurances at face value. In order to overcome that, WeWork needs to take time, at least a quarter or two, to hit that button and show they're at least on a course to profitability. Before they can get back to IPO land and hope for even a $15 to $20 billion valuation, they need to demonstrate the truth of their statements on turning profitable. Even then I'd place that at the high end of a valuation, 7.5x to 10x revenue is still enormous for a real estate firm