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Posted on 25 November , 201918 November , 2019

Ugly numbers from WeWork

When The We Company pulled its IPO for WeWork in September it stopped disclosing its financial statements in the full, formal way required by SEC rules.

Instead, as the crisis at the company rumbles on, it published a less formal Q3 2019 presentation to investors,. That deck shows WeWork suffered a net loss of $1.3 billion on revenues of $934 million in Q3.… Read more

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