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A comment on WeWork Is Raising Funds at $35B Valuation. Parent comment

Re:WeWork Is Raising Funds at $35B Valuation by sonnyblarney on Wednesday June 13, 2018 @07:55PM (#17308083)
Uber may be overvalued but they are viable on some level - so they won't go out of business, just investors will get hit.

Tesla needs cash, and if they can't get it, they could fail. Or be massively downsized.

WW needs cash badly, if they don't raise ... it will crash.

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Re:WeWork Is Raising Funds at $35B Valuation by CamperBob2 on Wednesday June 13, 2018 @10:38PM (#17308831)
WW needs cash badly, if they don't raise ... it will crash.

I don't know about that. The relationship between WeWork and the building owners may be co-dependent rather than merely symbiotic.

If you owe $10,000,000 in rent, you have a problem. If you owe $10,000,000,000 in rent, the landlord has a problem.

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Re:WeWork Is Raising Funds at $35B Valuation by microtherion on Thursday June 14, 2018 @06:28PM (#17315984)
Not sure to what extent this holds when you owe $10M each to 1000 different landlords, though (I have no idea how many different landlords they are dealing with).
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