This business model is not new! This business model always fails.
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Here’s Everything WeWork Is Selling To Save Its Business Post-NeumannWeWork is cutting costs in a bid to restore investor confidence. What? Cut back on the inventory of Cocaine? I never understood the hype...especially when building owners and landlords can replicate the business model easily....really low barrier to entry if you have the real estate. They are clearly ruined. I’ve never seen a business running on 2 CEOs who made it to success. WeWork is playing it’s last songs on the market. If they do not change this behaviour, IPO will be less than 1000 dollars by bankrupcy.
Source: Forbes - 🏆 394. / 53 Read more »