There isn’t much in the WeWork strategy that makes sense, let alone any financial sense, except creating a desperate structure for banks/founders to make money doing pointless IPOs, make loans, pay rent etc…. poof…?
https://www-theverge-com.cdn.ampproject.org/c/s/www.theverge.com/platform/amp/2019/8/15/20806366/we-company-wework-ipo-adam-neumann