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> speeds up preparations for its hotly anticipated initial public offering in the face of tepid interest from investors. God, tell me the editor was asleep. Tell me how it can both be “hotly anticipated” yet with “tepid interest.” Brain hurts.
WeWork are quite expensive - enough that startups will get their own offices when they reach some stability. So I’m left wondering, WeWork charge a lot and in turn they pay a huge premium for their building leases. How are they NOT making money?
WeWork are quite expensive - enough that startups will get their own offices when they reach some stability. So I’m left wondering, WeWork charge a lot and in turn they pay a huge premium for their building leases. How are they NOT making money?
Congratulations WeWork! Remember: Haters gonna hate.
I can guess (however unlikely it may be) how Uber might some day make money through its monopoly power or use of autonomous cars and justify its valuation. I just can't imagine how WeWork could continue growing and turn a profit if it can't do it in this booming economy. The freelancers and small businesses that use it are likely the first to end their memberships and work from home or coffee shops.
From what I've read, the WeWork locations in their mature markets are profitable, but they've been investing heavily in new/immature markets. Despite We's bizarre straddle between being a real estate company and trying to be a tech company, it's a fairly standard growth play: burn money now in order to gain more market share over time. If they wanted to, they could slow down on new purchases/rentals/construction and…
I can guess (however unlikely it may be) how Uber might some day make money through its monopoly power or use of autonomous cars and justify its valuation. I just can't imagine how WeWork could continue growing and turn a profit if it can't do it in this booming economy. The freelancers and small businesses that use it are likely the first to end their memberships and work from home or coffee shops.
From what I've read, the WeWork locations in their mature markets are profitable, but they've been investing heavily in new/immature markets. Despite We's bizarre straddle between being a real estate company and trying to be a tech company, it's a fairly standard growth play: burn money now in order to gain more market share over time. If they wanted to, they could slow down on new purchases/rentals/construction and…
I'm generally opposed to 1 company to "rule them all", and I would like to see giants to be broken down.
In case of say, Amazon, at the very least being so huge may allow (arguably) for cheaper prices and almost everything in one place, delivered conveniently. suppose that's true.
How one company owning a lot of real estate is good for me? The way I see it, if they are successful, they will spend less while charging more, even further accumulating wealth among the smaller amount of ppl. I don't see how it's good for most of us.
They aren't developing real estate market. They aren't creating new ways of building more efficiently. They aren't doing anything other than using huge sums of money to generate more money.
From a point of view of a regular human, how is WeWork good for me? I'm generally opposed to 1 company to "rule them all", and I would like to see giants to be broken down. In case of say, Amazon, at the very least being so huge may allow (arguably) for cheaper prices and almost everything in one place, delivered conveniently. suppose that's true. How one company owning a lot of real estate is good for me? The way I…
Isn't that the function of _any_ company in capitalism? (Excluding, possibly, non-profits)