Why would it go belly up? WeWork’s S1 is an embarrassing piece of business literature but the company is fundamentally fine, unless they’re forced to both pay o

Why would it go belly up? WeWork’s S1 is an embarrassing piece of business literature but the company is fundamentally fine, unless they’re forced to both pay on future commitments and cannot collect the capital to cover them. They effectively buy a recurring revenue stream starting in month 9 or so, and pay some amount upfront to secure that future stream. Payback period of 18 or so months, then pure profit.