WeWork urges Softbank to view its $10 billion investment as "a teachable moment."https://t.co/Q3bg54hZNr

— Rudy Havenstein, Bobbing and Weaving (@RudyHavenstein) May 16, 2019

For every $2.75 in revenue WeWork lost $1.00. It seems like WeWork doesn't! https://t.co/Hj5lGi8V8S

— Peter Schiff (@PeterSchiff) May 16, 2019

The narrative keeps getting more interesting for new age tech companies.
PS: Softbank funded company :)https://t.co/WaNhiokyIg pic.twitter.com/YTAp6zMASr

— Abhishek Murarka ?? (@abhymurarka) May 16, 2019

WeWork urges investors to see losses as 'investments' as it reports first-quarter loss of $264 million https://t.co/VjiUA2a08x

— Deirdre Bosa (@dee_bosa) May 15, 2019

Uber: We're exactly like Amazon

WeWork: We're exactly not like Uber
https://t.co/IAaK35RP8e

— Ari Levy (@levynews) May 15, 2019

WOW!
“We really want to emphasize the difference between losing money and investing money,” [CFO] said on Wednesday. “You can lose money or you can invest money. At the end of this quarter, we have these cash flow-generating assets.” https://t.co/hI7aQy9y6T

— Investor Gator ? (@GatorInvestor) May 15, 2019

WeWork CFO says they're not losses. They're "investments."https://t.co/bHnsLbCbxS

— Steve Kovach (@stevekovach) May 15, 2019

Some We-adjustments:

WeWork changed its definition of 'enterprise' customers, who now are 40% of sales under the new definition https://t.co/Ac7We4N2M5

And it stopped reporting occupancy, which was down to 80% as of the 4th quarter https://t.co/3009xTjfxY

— Eliot Brown (@eliotwb) May 15, 2019

in its Q1 quasi-earnings report, WeWork quietly changed the definition of "enterprise" members to mean from companies with >500 employees instead of >1000

surprise: its % of enterprise members in 2018 is now 37% instead of 32%, and now it's 40% for Q1 https://t.co/ukgD4UcBXF

— Ellen Huet (@ellenhuet) May 15, 2019