Re:WeWork Isn’t a Tech Company
by xyzzyz on Wednesday August 21, 2019 @07:48PM
(#20763186)
If (when) the market turns down, they're going to have a really hard time unloading those liabilities because who's going to want to pick up their lease?
I don't see why it would be any harder than selling off a plane in case of market downturn. Both are hard, and in both cases the owners of the asset (whether it's a lease or a plane) will likely incur a loss, so I don't really see any difference here at all.
I don't see why it would be any harder than selling off a plane in case of market downturn. Both are hard, and in both cases the owners of the asset (whether it's a lease or a plane) will likely incur a loss, so I don't really see any difference here at all.