All in next-gen corporate speak to give you the warm & fuzzies. Meanwhile, Uber hits new low, down 24% from IPO price.
The financial world has gone nuts.
WeWork landlords in America are likely to learn: In a down market, they’re all going to be partners, voluntarily or otherwise.
The CEO is selling that $20 billion valuation to a lot of smart, rich guys. But WeWork’s entities are known as SPE’s (“Screwing Probably Expected”), and landlords will be the first to go down.
When is it gonna pop?
Their buying binge in the US goes into the “Contrarian Indicators” category.