Tech is definitely overvalued with some sky-high valuations. A great example is #WeWork which is a real-estate company, but called themselves a tech company to get a higher valuation. $WE
Doesn't #WeWork essentially sub-rent the properties they manage at a mark up? So as long as they are getting paid more rent than they have to, they should be fine. Maybe even ahead of the game since they aren't paying for other expenses like food and utilities if the offices remain closed.
Definitely. I'm curious to know if #WeWork will shutter as a result of the pandemic. I assume they still have to pay rent on their properties, but aren't getting any new customers. $WE
I don't know, #Zume is totally a company I would have invested in! Doesn't sound like it will take much to turn the company around. Even #WeWork has a lot of potential. It sounds like the real problem with #SoftBank are over inflated valuations.
Despite what Adam Neumann claims, #WeWork is a realestate company, not a tech company. Technology companies seem to be able to justify such a valuation, but not realestate. $WE
I actually liked #WeWork's model, but no, not at that valuation. I think the company will continue to do well and that this will be a humbling moment for them. $WE
A First-Hand Account Of What Rally Happened At WeWork
Would really love to hear more about #WeWork. You ended that story way too soon!
This Is Nuts…Again: Reducing Risk As Tech Goes 1999
Tech is definitely overvalued with some sky-high valuations. A great example is #WeWork which is a real-estate company, but called themselves a tech company to get a higher valuation. $WE
Billionaire Cooperman's 11 Reasons To Be Skeptical Of Soaring Stocks Amid COVID Chaos
Doesn't #WeWork essentially sub-rent the properties they manage at a mark up? So as long as they are getting paid more rent than they have to, they should be fine. Maybe even ahead of the game since they aren't paying for other expenses like food and utilities if the offices remain closed.
Billionaire Cooperman's 11 Reasons To Be Skeptical Of Soaring Stocks Amid COVID Chaos
Definitely. I'm curious to know if #WeWork will shutter as a result of the pandemic. I assume they still have to pay rent on their properties, but aren't getting any new customers. $WE
Zume: SoftBank’s $4 Billion Pizza
I don't know, #Zume is totally a company I would have invested in! Doesn't sound like it will take much to turn the company around. Even #WeWork has a lot of potential. It sounds like the real problem with #SoftBank are over inflated valuations.
Three Things I Think I Think – This Might Make You Mad
I will never understand the madness behind the #WeWork valuation. It's simply insane.
WeWork IPO Meltdown Shows Public Investors Have More Valuation Risk Than VCs
Despite what Adam Neumann claims, #WeWork is a realestate company, not a tech company. Technology companies seem to be able to justify such a valuation, but not realestate. $WE
WeWork IPO Meltdown Shows Public Investors Have More Valuation Risk Than VCs
I actually liked #WeWork's model, but no, not at that valuation. I think the company will continue to do well and that this will be a humbling moment for them. $WE
WeWork Value Shrinks Even Further Without An IPO
The initial valuation would have been scamming investors. Ignore the hype, #WeWork is not a technology company; it's a real estate company.
WeWork - Another Wacky IPO: Sign of a Top Coming
Great article. #WeWork has a lot of fans, but the valuations being floated are insane. This article really highlights that! $WE $IWGFF