alpha Posted June 14, 2018 Share Posted June 14, 2018 WeWork provides offices on demand for tech startups and small businesses. It does not actually own any real estate, it leases large sections of office buildings then: subdivides the space, adds a few basic office necessities, like coffee and wifi, etc, and then rents them out through it's service on short term basis. In 2017 it lost 993 million dollars. This company is now raising more capital and being valued at 35 billion dollars! Would you invest? ;D https://www.bloomberg.com/news/articles/2018-06-13/softbank-executive-says-wework-is-raising-funds-at-35-billion-valuation Link to comment Share on other sites More sharing options...
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