WeWork’s critics have long argued that the co-working giant would end up in bankruptcy in an economic downturn the way flex-office provider Regus did in 2003. The 10-year-old company, largely inflated by more than $9 billion from SoftBank, has seen its valuation plummet in the past year. Now, as former General Growth Properties CEO Sandeep Mathrani tries to make WeWork profitable during the pandemic and economic uncertainty, here’s a look at some of the big
source https://therealdeal.com/2020/06/11/by-the-numbers-breaking-down-weworks-financial-woes/
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