WeWork has honestly always had a pretty great product. Their problems were terrible management that overspent and tremendous overinvestment acting like the dema

WeWork has honestly always had a pretty great product. Their problems were terrible management that overspent and tremendous overinvestment acting like the demand for the product was enough to justify owning half the office space in major American cities. Similarly, McDonald's has a perfectly good product, but if the CEO was throwing penthouse parties with hookers, cocaine, and Dom every weekend, and they tried to open a McDonald's on every single street corner in the world's top 100 cities, they'd quickly go out of business. Too many unicorns don't seem willing to accept that it's perfectly fine to have a niche product that serves its market, but it's a finite market and will never take over the world.