Re:WeWork Files for IPO
by warent on Monday April 29, 2019 @03:28PM
(#19781766)
Their revenue growth is accelerating and they're only losing money because they're investing it all on growth. The year they stop expanding/buying/renting new spaces, they'll bring in a huge net profit.
[ Parent
| on HN ]
The magic of adjustments: ebitla-dee-da
(comment about WeWork's “Community Adjusted Ebitda”)
https://ftalphaville.ft.com/2018/04/26/1524715201000/The-mag...
"Sure, we lose a little on every sale, but we make it up on volume!"
That's not it at all.