WeWork is an amazing business. They are a
phenomenon. There are a lot of reasons why WeWork attained the
valuation it currently has — which many consider crazy. It was reported
last week that the valuation was being slashed — but it is still crazy
even at half the price. The first question worth asking is why WeWork was originally valued at $47 billion.... ...more RSK: Marcus is right on with his analysis. We is like someone playing monopoly and buying everything they land on but not doing many improvements to get rent up. Leasing has even more risks than owning. | ||
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