Does WeWork not have a crunchbase profile page? I'm curious about who all managed to get out before the Softbank fiasco. Were employees allowed to sell shares on the secondary market, or are they all effectively hosed now?
Unless they're leasing out space at a loss, they should be able to turn a profit by reining in costs and slowing growth. Some of its harshest critics said it needs to be valued more like Regus and not like a tech company.
Edit: This isn’t meant to be flippant. There is literally no value in this company and its current owners are trying to dump it on a greater fool.