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Badly managed, yes, but how is WeWork a fraud? They have a product that's well liked and used by thousands of people. They have real revenues and increasingly,

Badly managed, yes, but how is WeWork a fraud? They have a product that's well liked and used by thousands of people. They have real revenues and increasingly, assets they own. The founder did a lot of shady stuff, yes, but maligning an entire company with more than $2.5B in revenue as "fraud" is very harsh. $2.5B annual is higher revenue than the vast majority of businesses will see in their lifetime

akiselev 7y ago
> The founder did a lot of shady stuff, yes, but maligning an entire company with more than $2.5B in revenue as "fraud" is very harsh. $2.5B annual is higher revenue than the vast majority of businesses will see in their lifetime Using revenue as a measure of legitimacy doesn't make any sense. SoftBank has invested over $10 billion into WeWork since 2017. They'd have made more revenue if they sold $10 billion in $10 bills for $9 each.