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Re:WeWork Is Raising Funds at $35B Valuation by djajshgsjja on Wednesday June 13, 2018 @11:10PM (#17308960)
Wait, how do they have a positive margin at all if they are losing all this money?
Re:WeWork Is Raising Funds at $35B Valuation by callmeed on Thursday June 14, 2018 @01:10AM (#17309461)
The profit margin quoted is likely just based on what they pay vs what they charge (per sq foot). Doesn’t include staff, marketing, etc.
Re:WeWork Is Raising Funds at $35B Valuation by qaq on Wednesday June 13, 2018 @11:24PM (#17309019)
? you can have 99% margin and still loose money :)