, Columnist
WeWork Accounts for Consciousness
Also common ownership, banks vs. tech companies, informative 10-Ks and surveillance.
WeWork.
The business model of real-estate companies is pretty much, you borrow a lot of money, you use it to buy buildings, and you rent out space in the buildings to tenants. If the tenants pay more in rent than you pay in interest on your loans, you make money; if they don’t, then you don’t.