Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by bandrami on Tuesday November 07, 2023 @01:21AM
(#38173815)
I've seen a good business study that argues McDonalds is a real estate company with food products as a loss-leader.
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Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by okeuro49 on Tuesday November 07, 2023 @02:02AM
(#38174002)
This was the plot of the film "The Founder" on the founding of McDonalds.
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by preommr on Tuesday November 07, 2023 @02:03AM
(#38174004)
There's a good scene in "The Founder" that covers that concept [0]
[0] https://www.google.com/search?q=youtube+mcdonalds+you%27re+i...
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by lordnacho on Tuesday November 07, 2023 @04:38AM
(#38174933)
It's a general business trope, isn't it?
Ford is a pension fund that happens to make cars.
Berkshire Hathaway is an insurance company that makes a lot of investments.
A supermarket is a bank that sells food.
GE at one point was also more or less a financial company that sold industrial goods.
I guess the thing is once you take a financial view of how a business works, a lot of things don't look like what they normally look like.
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by bandrami on Tuesday November 07, 2023 @04:45AM
(#38174978)
I know at one point GM cars were mostly used to sell GMAC financing, though I think that particular inversion has stopped now.
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by sgt101 on Tuesday November 07, 2023 @09:52AM
(#38177415)
There was this event, it happened in 2008 and it stopped the GMAC thing like the full stop stops this comment.
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by pjc50 on Tuesday November 07, 2023 @07:43AM
(#38176122)
People complain about "ZIRP", but it did reduce the benefits of co-mingling finance with retail and decoupled consumer credit from being quite so critical to sales.
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by Shawnj2 on Tuesday November 07, 2023 @11:27AM
(#38178819)
Amazon is a cloud computing company that uses its resources to host an online shopping website
Re:WeWork Goes Bankrupt, Capping Co-Working Company's Downfall
by FireBeyond on Tuesday November 07, 2023 @01:32PM
(#38180843)
Harvard is a hedge fund that occasionally educates people.