Marcelo Claure flopped into a chair late this week at WeWork’s headquarters in New York, looking exhausted and exhilarated, his 6-foot-6 frame splayed across the glass meeting room.
And it’s fair to say things didn’t work out the way we originally planned,’” Claure said.
The company has been opening so many locations that it is spending far more money than it is bringing in.
Because of the openings already in the pipeline, WeWork is going to continue reporting eye-popping growth for a while.
Last month, Claure told employees that the company hoped to be profitable before interest payments, taxes, depreciation and amortization by 2021. | To read full story, visit https://startuparound.com/read/1576306814.7053816/‘We-trusted-you’:-WeWork’s-chair-on-Adam-Neumann-and-the-future?ref=audio_experience