Uber Is Biggest Loser as SoftBank Counts IPO Returns

Re:Uber Is Biggest Loser as SoftBank Counts IPO Returns by empath75 on Wednesday August 07, 2019 @08:41PM (#20640755)

WeWork just seems like outright fraud to me with a self-dealing CEO and with a lot of liabilities in the form of long term leases that they will never make a profit from.

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Re:Uber Is Biggest Loser as SoftBank Counts IPO Returns by thedudeabides5 on Wednesday August 07, 2019 @09:12PM (#20640948)

Well if there's no inflation.

Now, if we got some inflation, those leases would start to look pretty cheap. Then the debt turns into equity, viola!

See lowering interest rates to 0 is fun.

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Re:Uber Is Biggest Loser as SoftBank Counts IPO Returns by joelx on Thursday August 08, 2019 @03:48AM (#20642634)

This comment was downvoted for snark, but the point is accurate. Inflation could double rental prices and then all of Wework leases will be worth a lot.

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Re:Uber Is Biggest Loser as SoftBank Counts IPO Returns by superwayne on Thursday August 08, 2019 @04:02AM (#20642678)

Aren't leases usually inflation adjusted?

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Re:Uber Is Biggest Loser as SoftBank Counts IPO Returns by piva00 on Thursday August 08, 2019 @04:40AM (#20642812)

In most places it's usually completely dependent on the contract, if you are a big leaser (such as WeWork) you can leverage a lot of terms just by having money and paying upfront.

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Re:Uber Is Biggest Loser as SoftBank Counts IPO Returns by joelx on Thursday August 08, 2019 @06:59AM (#20643362)

I have never seen an inflation adjusted lease in any of the commercial leases I've done.

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