WeWork is one of the world's most valuable startups, though just how its business works is widely misunderstood. We look at how WeWork makes money, where it spends it, and how its flywheel operates.
On one level, the answer to the question “How does WeWork make money?” is, “It doesn’t — yet.” The 9-year-old co-working company is notoriously unprofitable, reporting $1.9B in losses on $1.8B in revenue in 2018.