Blind Item #7
This operation is still on track to burn a massive pile of cash this year. However, it also claims they are somehow earning a profit. It's called creative accounting.
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Netflix?
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Net
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Yeah BUT they have Obama.
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Was talking to someone w/ some knowledge on WeWork and commercial real estate. He says as soon as recession hits and start ups get their cash flow cut off, WeWork will collapse and commercial real estate will crater. no one seems to care, since WeWork still has cash to burn. The real estate people are grabbing it while they can.
ReplyDeleteBittorrent still works fine for me.
ReplyDeleteWeWork can and will crash even in a good economy, their model is broken!
ReplyDeleteTidal?
ReplyDelete