[jarym]

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?

[nprateem]

They're a bad investment because they're riddled with debt. They've taken out long-term leases on properties that they're liable for. In a downturn their customers will probably vanish leaving them with their liabilities. Plus, they don't really have a moat. So all in all, it seems like the founder is doing anything possible to cash out before the house of cards comes crashing down.

[addicted]

Because they are expanding. They claim their mature locations are making money, which makes sense.