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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