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Havish Gupta

Figuring Out • 8m

Adam Neumann, have announced a new venture called WorkFlow which is basically WeWork's competition. Basic difference between Workflow and Wework is that WeWork signed long-term leases with landlords, then relied on short-term leases for revenue. On

https://www.bloomberg.com/news/articles/2024-10-02/adam-neumann-s-latest-project-is-a-wework-competitor

Anonymous 4

Hey I am on Medial • 8m

I heard wework india was profitable. Why don't they look into what makes it so and try to do that?

1 replies

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Havish Gupta

Figuring Out • 8m

Profitable company won't make the investors, especially FOUNDERs rich. They mainly get rich through the increase in Valuation which depends on revenue. so their main focus was to increase the revenue which will increase it's Valuation. So a the end Soft Bank ended up acquiring them for over $32 Billion

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Anonymous

Hey I am on Medial • 1y

Ironically Wework didn’t work anywhere apart from India. India knows how to build while being profitable 💪💪

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Akash Jain

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Why did the startup founder bring a ladder to the meeting? Because they heard the business was going to the next level!

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Sagar Awana

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I have noticed one things about shark tank india they say they want to invest on new startups and ideas amd also for social causes but they never invested in any of startups like that they just want to invest on startups that are profitable or going

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Rohan A

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In 2018, the flight crew of the private plane Adam Neumann rented for a trip to Israel found a sizable chunk of drugs in cereal boxes. After this event, WeWork acquired a Gulfstream G650 for $60 million. I wonder why WeWork was still in losses 😏

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