WeWork's Bankruptcy Strategy
The new owners of WeWork, primarily bondholders, are poised to profit from the company's impending bankruptcy by shedding massive lease obligations. By restructuring to focus on the most profitable locations and adopting a franchise model, WeWork could transform into a high-margin business akin to the Four Seasons. Acknowledging past critiques, the discussion highlights the drastic fall in WeWork's valuation from $47 billion to a mere $60 million, underscoring the flaws in its original business model.In this clip
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Related Questions
Can WeWork be profitable following its bankruptcy strategy as discussed in the episode Prof G Markets: Third Quarter Review — with Aswath Damodaran and the clip WeWork's Bankruptcy Strategy?
Can WeWork be profitable following its bankruptcy strategy as discussed in the episode Ladies and gentlemen: the dregs of the SPAC boom and the clip WeWork's Financial Woes from the Prof G Markets: Third Quarter Review — with Aswath Damodaran?
How did WeWork grow so quickly?