Ep. 9 | Real Estate SPACS: WeWork

Wework, founded in 2010 in NYC, is a rapidly growing company offering co-working space around the world. Upon a merger with Bowx Acquisition Corp. (BowX), will this be the next SPAC to take off? Join Stan and Alex for this week’s analysis.

Key Takeaways:

00:15    Wework Bio

02:53    How covid plays a part

04:40    The numbers – Alex's take

06:24    The numbers – Stan's take

07:09    Meetup acquisition

10:12    Life after turning a profit

15:00    Moats

21:28    Which makes more money- Full memberships? Or physical occupancy?

29:43    The black mark... Is Adam Newman coming back?

34:03    Wework: the dividend factory?

39:00    In Summary

Thanks for listening!

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WeWork – Website | Numbers