Financial Statement Analysis & Valuation Dilemma of WeWork (The We Company)
| Case Code: FINC174 Case Length: 16 Pages Period: - Pub Date: 2021 Teaching Note: Available |
Price: Rs.400 Organization: WeWork Industry: - Countries: United States Themes: Valuation, Financial strategy, Corporate Governance, Business Ethics |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background
In May 2008, Miguel McKelvey (McKelvey) and Neumann started GreenDesk, an eco-friendly co-working space in Brooklyn, New York, USA. But in 2010, they sold the business and started WeWork with its first location in New York's SoHo district with partial funding from Manhattan real estate developer Joel Schreiber, who purchased a 33% interest in the company for $15 million.
WeWork launched WeWork Labs (a member company) in New York in April 2011. WeWork Labs functioned as a start-up incubator, providing an open workspace with the goal of encouraging collaboration among members who “don't have their business ideas fully cooked”. As the number of labs increased and WeWork started going global, the WeWork business model caught the attention of individuals, start-ups, and even large companies who entered this space. WeWork expanded quickly and by 2014, it was considered..
Buy this case study (Please select any one of the payment options)
| Price: Rs.400 |
Price: Rs.400 | PayPal (9 USD) |
