1Yr·
10
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It's best to get Adam Neuman back, he'll sort it out 🤣🤣 No kidding, among other things I saw the series, I thought it was good, which of course gave very good insights into WeWork. He had a grandiose vision, but was yes then forced to resign. He is a bit eccentric with his wife, and that also hurt the company under his leadership, but it also helped. I've seen a lot of WeWork offices lately. Among other things, you have to see where you can make savings. They don't have that much of their own staff in the spaces. I think they develop (or have) too many locations in one place sometimes. You would have to do without one or the other location. I think that's how it was in the film at the end, but that's also how it really was. Started too big to expand and simply no more cash, of course also because of the exclusive management style with parties or many company branches that no longer really had anything to do with their own business and so on.
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I once had it in my portfolio and sold it at -20% 😄

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