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With news that The We Company (formerly known as WeWork) has officially filed with the SEC today, in order to make it public with complete confidentiality, there is a big question in the mind of everyone: s & # Is it the next massive victory in government procurement?
No company that I am has an opinion as polarized as the We company. And while society has to reveal at least part of its hand in its official S-1, I guess the polarization around the company will only be mitigated well after its publication on the stock market, if ever.
To understand its business, the challenge is to determine to what extent the details of each of its leases, real estate markets and tenants count for its bottom line. We already know the most important figures: the company had a turnover of $ 1.8 billion in 2018 and a net loss of $ 1.9 billion that year. This led to the opinion that the company had extremely low activity. As Alex Wilhelm, editor-in-chief of Crunchbase News, says:
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