• Triton

The Worry about WeWork

In his Bloomberg Opinion piece today, Matt Levine said about WeWork "I have argued before that the We Co., formerly WeWork Co., is a clever financial engineering company that has managed to tell an appealing fast-growing-tech-company story to equity investors while also telling an appealing stable-real-estate-company story to lenders". Later in the piece, when exploring the potential market value of WeWork once the dust settles, Levine quotes Triton's Rett Wallace "I’ve heard no bullish views at all There were Uber bulls, there were Lyft bulls, there were Snap bulls. WeWork is exhausting people’s cynicism." Link to full Bloomberg Opinion piece by Matt Levine - HERE