The most prestigious law school admissions discussion board in the world.
|
 |
 
|
What are people's thoughts on WeWorks? Seems a little ridiculous
| shimmering high-end brunch place of business | 03/04/15 |
| Cowardly apoplectic property old irish cottage | 03/04/15 |
| citrine sexy whorehouse lettuce | 08/31/15 |
| twinkling wrinkle headpube | 03/26/19 |
| Odious Judgmental Haunted Graveyard | 03/26/19 |
| Lilac mother patrolman | 04/10/19 |
Poast new message in this thread
Date: March 4th, 2015 1:46 PM Author: shimmering high-end brunch place of business It is basically the same as a traditional sub-landlord, but cooler, and that supposedly justifies a much higher valuation than a real estate company. (http://www.autoadmit.com/thread.php?thread_id=2822271&forum_id=2#27428180) |
Date: March 4th, 2015 8:03 PM Author: Cowardly apoplectic property old irish cottage Branding/clients matter a lot. Your logic is flawed. Lots of successful startup companies are not a lot different than their traditional economy equivalent. (http://www.autoadmit.com/thread.php?thread_id=2822271&forum_id=2#27430284) |
|
Date: August 31st, 2015 11:50 PM Author: citrine sexy whorehouse lettuce https://www.theinformation.com/weworks-gamble-on-growth?
Cliffs:
- In 2014 had $75M of revenue and $4M of operating profit - Wework is locking in long term leases (likely at peak rates) to obtain benefits such as 1 year free rent - This rent benefit is not amortized; the P&L reflects rent revenue with no matching lease expense - This is complete bullshit and only used to pad near-term profitability
Fucking fraudlies. This is a fucking landlord valued like an internet startup with limitless growth potential
edit: here is a biz insider article with some ungated info http://www.businessinsider.com/weworks-financial-projections-may-be-hard-to-meet-2015-8 |
 |
Date: March 26th, 2019 10:01 AM Author: twinkling wrinkle headpube Good call (http://www.autoadmit.com/thread.php?thread_id=2822271&forum_id=2#37992189) |
|
Date: March 26th, 2019 10:05 AM Author: Odious Judgmental Haunted Graveyard Had a client that needed to assign their wework lease. Lease was not assignable by its terms but some manager at the office just signed and let do. My only experience with them. (http://www.autoadmit.com/thread.php?thread_id=2822271&forum_id=2#37992208) |
|
Date: April 10th, 2019 1:48 AM Author: Lilac mother patrolman (http://www.autoadmit.com/thread.php?thread_id=2822271&forum_id=2#38066136) |