Following WeWork's warning that it could be headed for bankruptcy, FOX Business gives a timeline of the long-suffering co-working company's years of troubles.
And that’s a perfectly reasonable business, but nothing revolutionary.
If their business would have been co-working franchises, in the sense that you can have an office everywhere and with some set standards, it could even have been a good business. But it’s low-margin, nothing like Google or Facebook.
And that’s a perfectly reasonable business, but nothing revolutionary.
If their business would have been co-working franchises, in the sense that you can have an office everywhere and with some set standards, it could even have been a good business. But it’s low-margin, nothing like Google or Facebook.
Totally. But Adam Neumann wasn’t going to settle for “low-margin”, nosirree! Low margins don’t buy you jets and mansions.