Thursday 19 September 2019

WeWork struggles to move beyond co-working as side businesses fizzle

When WeWork rebranded itself The We Company in January, CEO Adam Nuemann sent a clear message about his vision for the firm: it is much bigger than co-working. But We Company’s side businesses, including co-living venture WeLive, have a patchy track record of success, according to the Wall Street Journal. Some are struggling to survive while others have fizzled out altogether. The company spent about $164 million on side businesses in 2018 but it earned […]



source https://therealdeal.com/national/2019/09/19/wework-struggles-to-move-beyond-co-working-as-side-businesses-fizzle/#new_tab

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