WeWork's model was completely backwards: they signed long term leases and then subleased the space short term. Given the state of commercial real estate, there

WeWork's model was completely backwards: they signed long term leases and then subleased the space short term. Given the state of commercial real estate, there's a play in inverting the model: have the landlord pay you to run a coworking space in their building. You charge a base fee and a commission; landlord keeps the rest. If the landlord gets a tenant they can terminate the arrangement. You might want to buy wework out of bankruptcy for brand name and subscriptions or not. This aligns the incentives better. Wework's model is like a bank that lends long but borrows short (you can walk up and pull your money out at any time), but without the protections banks are given through regulation and insurance.