I'm curious, I did a little bit of reading and found out that WeWork is essentially valued at $47B while Regus who has way more square footage is valued at significantly less. Put on top of that the fact that what they are essentially doing is playing middle man to their clients and the land lord and vastly underpricing the actual value of their square footage (basically placing a bet that property value will inevitably rise and that their customers who are primarily startups will be around forever) how long before that $2B investment from SoftBank goes bye bye provided we don't enter a recession for the next few years.
I think the same thing. They’re valued much more aggressively than larger REITS. Most of their tenants are on short term leases or are startups that would struggle in a recession. Seems like most of their valuation comes from their growth and relatively flexible business model.
Recession is great for Uber .. more drivers on platform
How do you figure they would get more drivers?
Use case , government shutdown resulted in spike in Uber drivers on platform
That's actually great insight. My worry though is that the shutdown eventually ended. Contractions may last for years. This expansion has been going on for the better part of a decade. In recessions remember people usually liquidate as much assets as they can or creditors usually foreclose (if they can locate the asset). I don't think there would be much more activity than we saw in the shut down to be honest. The data just doesn't support that hypothesis. Then again we are in uncharted territory.
No recession this year if anything don’t miss out on the stock boom before the crash
Secondly , Uber is global logistics mega machine which is looking into shipping , frieght , public transports , delivery of grocery , goods , people , scooters etc ... 16 trillion industry
I like their push into logistics specifically moving good around a country not just people. They could do some real damage there.
Look up Uber freight — it’s huge
Yes.
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There is no recession in the horizon
That's debatable. What set of facts are you basing your assumption on?
Anything that the mass media promotes is basically wrong. Opposite is true