Beyond WeWork’s Flameout, Real Estate’s Platform Model Rework

September 30, 2019 at 09:00AM WeWork’s spectacular initial public offering (IPO) flameout may serve as a cautionary tale for tech companies. The decision to not list shares amid a game of “how low can they go” ­— rapidly reduced valuations highlighted a desperate bid to find out where Wall Street would finally lend its support ­— may signal that the age of high-flying unicorns is over. At the very least, business models with rapidly rising top lines and swelling seas of red ink will get more than a second look from investors, both public and private, and scrutiny over companies’ … Continue reading Beyond WeWork’s Flameout, Real Estate’s Platform Model Rework