WeWork WeWork reported its first-quarter earnings on Wednesday, saying it more than doubled its revenue and memberships. Despite the positive numbers, analysts said they’re not convinced the company would do well in an economic downturn, as it’s never gone through a market correction. WeWork’s CEO told Business Insider last week that a downturn could actually […]
WeWork’s CEO says his $47 billion company is recession-proof. Industry watchers aren’t convinced.
WeWork WeWork reported earnings on Wednesday, showing 100%-plus growth on a variety of metrics, from revenue to memberships. Despite the positive numbers, analysts said they’re not convinced the company will survive a downturn well, since it’s never gone through a market correction. WeWork’s CEO told Business Insider last week that a downturn could actually help […]