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McDonald’s typically owns the building. For about half the locations they own the land as well. The franchise owner rents the location from McD.
by criddell 3y ago
McDonald’s typically owns the building. For about half the locations they own the land as well. The franchise owner rents the location from McD.
- klooney 3y agoI mean, Adam Neumann owns a lot of the buildings and land. He was perfectly aware of the smart business model here.
- FireBeyond 3y agoAnd conveniently, WeWork was "willing" to lend him the money at below market or zero interest to make those purchases!
- Marazan 3y agoI will never stop being in awe of this part of the grift.
- FireBeyond 3y agoHow about being in awe of the fact that A16Z has funded him to do exactly the same in the residential space, now?
- Marazan 3y agoOnly a slight amount of awe there. a16z have a proven track record of this kind of horrible decision.