How the hell is WeWork “pre-revenue” or even “recent revenue” — they have been around since 2010.
Yet the CEO is admitting that the valuation is pretty much bullshit; how can “spiritually” make a single note but of difference for how much a company is worth? Imagine if a company said they were highly valued because they were committed to prayer and going to church every Sunday.
> For a pre-revenue or just recent revenue product
WeWork started in 2010. If they aren't making money after 8 years, then they aren't pre-revenue at a $20,000,000,000 valuation but scammers. Every other lease company says these types of rentals are lucrative, so why aren't they for WeWork?
