(no title)
101km | 7 years ago
tl;dw - "As of 2 years ago 98% only young entrepreneurs, as of today 30% of all of our members are enterprise, corporate America.
23% of all Fortune 500 companies are already in WeWork.
..If they want a satellite office they'll just put it in a WeWork, if they are looking for an HQ or they want to redo their HQ they'll ask us to do it.
And today we don't even take the space - we will redesign the space, build it, deploy our technology which is called WeOS and took a long time to create and put our community managers in there.
I would love to do it for city hall, in fact if any mayors are listening: we.co/mayors"
devoply|7 years ago
Their concerns would probably be focused on this:
> In its first ever release of financial results, the privately held firm said total revenue rose to $421.6 million from $198.3 million in the year-ago quarter as memberships jumped to 268,000 at the end of June from 128,000 a year earlier.
> Net losses jumped to $723 million over the first half of 2018 from $154 million a year earlier.
https://www.reuters.com/article/us-wework-results/wework-rev...
shard972|7 years ago