Comment on SoftBank Seeking to Take Control of WeWork Through Financing PackageparentComments−MobileVet6yHard to know what is fact, but the info that has come out (including the S-1) indicate that a majority of their properties are losing money.If that is the case, then this cannot end well no matter how they trim operations−harryh6yThe majority of their properties are very new so losing money is expected. If older properties are making money and new properties will eventually turn into older properties then they are, potentially, fine.
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Hard to know what is fact, but the info that has come out (including the S-1) indicate that a majority of their properties are losing money.
If that is the case, then this cannot end well no matter how they trim operations
The majority of their properties are very new so losing money is expected. If older properties are making money and new properties will eventually turn into older properties then they are, potentially, fine.