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Re:WeWork Is Raising Funds at $35B Valuation by swampthinker on Wednesday June 13, 2018 @06:40PM (#17307606)
Net loss, holy cow. $1.8B burn on $900M in revenue.
Re:WeWork Is Raising Funds at $35B Valuation by acchow on Wednesday June 13, 2018 @06:45PM (#17307652)
The general strategy must be undercut the market to buy market share, and then transform the market entirely.

I don't understand the precise mechanisms in the case of WeWork (it's not as clear as, say, Uber + self driving cars). Can someone explain?

Re:WeWork Is Raising Funds at $35B Valuation by enraged_camel on Wednesday June 13, 2018 @07:08PM (#17307799)
They bought Meetup recently so maybe they are planning some sort of synergy?
Re:WeWork Is Raising Funds at $35B Valuation by toasterlovin on Thursday June 14, 2018 @12:33PM (#17312895)
I just received an email from them touting the ease with which I can rent space from them (free for some introductory period) for the meetup I run. The problem is that many (most, I'm guessing) meetups are funded by an individual. Unless their space is drastically less expensive than a lot of the alternatives I found when trying to find a space for my meetup, nobody is going to be able to afford to use their space.