As WeWork Cos. heads toward an initial public offering, its ebullient chief executive believes it shouldn’t be lumped in the same category as massively money-losing companies like Uber Technologies Inc. and Lyft Inc.
“Our business model is quite different,” WeWork CEO Adam Neumann said from the startup’s New York headquarters.
it's fair to say that WeWork isn't Uber...it's Regus with Cold Brew
“Do not invest in unprofitable companies” - ConfidentInvest
It's a BS outfit
Stupid numbers, humanity embrace these numbers just to justify their value. Useless fucking country, if the citizens are happy means 5 percent are the 95 percent suffers from useless government stop carring for their citizens. Being citizens ddont mean anything anymore.
When governments wake up to the control that Silicon Valley has over politics then it will be too late...
WeWork with its current Business Model will never be operationally profitable, it can sell its assets to return profits. Uber's only profitable quarter was when it sold its assets.
Can anybody really call them a 'startup'? $47B is more than the GDP of many small countries that have been inhabited for many thousands of years.
Garbage company
Money is made of nothing but bullshit? Brilliant point, WSJ. Marxism101
WeWorkAdam
IPO's are the new ICO's scams
WeWorkAdam
How much a share now for a company that makes no profit?
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