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How does WeWork work, and why it is losing money

The We Company, parent company of WeWork, is the latest in a string of start-up unicorns set to go public this year. It is valued at $47 billion, but like other newly public companies such as Lyft and Uber, WeWork isn't turning a profit. Instead, it's hemorrhaging cash.
Sat, May 18 20198:59 AM EDT