Tuesday, October 22, 2019

How Much Space Does We Work Have?

According to an Wikipedia, WeWork currently managed 47 million square feet at end-2018; according to an informational video at WSJ and a public blog, they had 528 locations as of summer 2019.

With 43,500 square feet to an acre, that is 1080 acres.

With 640 acres to the square mile, that is 1.7 square miles.

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According to a website, they have raised around $8B in capital and according to 10/21/2019 news reports, have a valuation of about $8B.    Reportedly around summer 2019 they were losing about $200,000 an hour.




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