After WeWork’s meltdown, competitors say their investors want ‘quality’ revenue and a plan to navigate downturns
|11/19/2019||Posted by BusinessMediaguide.Com under General World News||
- WeWork’s tumultuous autumn has prompted investors in other flex-space companies to take a harder look at the financials of their investments.
- Executives at four WeWork peers told Business Insider that investors are focusing more on profitability, downturn scenarios, revenue quality, and other considerations.
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Investors in coworking and flex-office companies are asking more questions after WeWork’s dramatic meltdown.
After the office company filed to go public on August 14, potential investors, analysts, and the media dug into its financials. They found no shortage of red flags, from wide losses to potential conflicts of interest.
That prompted a dramatic read more >>>