co-working

WeWork Watch – Event Driven (IPO)

Is there any Justification for Valuing WeWork’s Leased Space at $1,000 Per Square Foot? WeWork (new name: The We Company) leases spaces from some very sophisticated landlords including TIAA-CREF, Boston Properties, Beacon Capital Partners and Moinian Group.  In theory, WeWork has a simple business model, leasing office space and then subleasing the space to businesses ranging from start-ups to Fortune 500 companies. A substantial part of the business model is… Read More »WeWork Watch – Event Driven (IPO)

Will “The We Company” Work?

Will The We Company Work? WeWork, now The We Company, is one of many organizations whose fortunes have climbed to dizzying heights by leveraging the sharing economy.  With WeWork filing an amended draft registration with the SEC, an IPO is anticipated. So, it is timely to ask whether WeWork’s good fortunes are sustainable. WeWork’s Place in the Sharing Economy Before we drill down on WeWork, let’s take a brief look… Read More »Will “The We Company” Work?