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A comment on The WeWork IPO. Parent comment

Re:The WeWork IPO by JOnAgain on Tuesday August 20, 2019 @10:45AM (#20747542)
They’ve signed long term leases. Most of their customers can cancel on a months notice. So they will have shrinking revenue but fixed costs.

You’re right that it might reduce the cost of growth ...

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Re:The WeWork IPO by harryh on Tuesday August 20, 2019 @10:48AM (#20747577)
This is addressed in the article. There are a lot of reasons to believe that in such circumstances WeWork would be able to renegotiate its leases to lower costs.
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