Not more than any other startup. Startup are valued based on future growth. I.e. most of the value is coming from long term projections (e.g. 10 years into the future). So any startup, including wework , is basically selling a growth story. Now, its up to the investor to decide if the story is correct.
> Not more than any other startup.
That entire post is devoted to explaining that yes, much more than any other startup.