Don't you have to have these sort of losses for the thinking to progress? If we don't have examples of WeWorks, it's not built into the process to sus them out

Don't you have to have these sort of losses for the thinking to progress? If we don't have examples of WeWorks, it's not built into the process to sus them out. Something built on sand will ultimately collapse - and smart money shouldn't build on that particular patch of sand again (it'll find other ones).