Here is a business model that's based on a textbook asset/liability mismatch that never fails to fail in downturns - liabilities are long term large space leases while the assets are short term small office rentals.
— Simon Mikhailovich (@S_Mikhailovich) March 29, 2019
It will WeWork until it WeWon't. https://t.co/7BriupYvRF
from Twitter https://twitter.com/S_Mikhailovich
March 29, 2019 at 09:08AM
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