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Critics say WeWork is an overvalued real-estate play

wsj.com

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Re: Critics say WeWork is an overvalued real-estate play

#4
post #2

Paywall . . .

Can access via social media (just do a search on twitter for the article) or via the Read Across The Aisle app/Chrome extension, which is free and includes a free pass to the WSJ (disclosure: I am the founder).

[flagged]

Re: Critics say WeWork is an overvalued real-estate play

#5
post #4

Earlier quoted context omitted.

Can access via social media (just do a search on twitter for the article) or via the Read Across The Aisle app/Chrome extension, which is free and includes a free pass to the WSJ (disclosure: I am the founder).

[flagged]

Here is a link: http://archive.is/Fb1D4

Re: Critics say WeWork is an overvalued real-estate play

#7
post #2

Paywall . . .

Can access via social media (just do a search on twitter for the article) or via the Read Across The Aisle app/Chrome extension, which is free and includes a free pass to the WSJ (disclosure: I am the founder).

I did that and am trying to access via Twitter but just hit the same paywall.

Re: Critics say WeWork is an overvalued real-estate play

#9
"Boston Properties Inc., the country’s largest publicly traded office landlord, owns five times the square footage that WeWork manages and has a market capitalization of $19 billion." This seems to me to be a pretty big warning sign that the company is overvalued.

Re: Critics say WeWork is an overvalued real-estate play

#10
post #9

"Boston Properties Inc., the country’s largest publicly traded office landlord, owns five times the square footage that WeWork manages and has a market capitalization of $19 billion." This seems to me to be a pretty big warning sign that the company is overvalued.

Comparing WeWork to traditional office landlord is like comparing Starbucks to Dunkin' Donut. Please don't go to Starbucks because its coffee is better or cheaper (it's neither), but as a lifestyle choice. Similarly, people don't go to WeWork because they need a desk.
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