At the end of the day WeWork is essentially a middle man. If the model catches on landlords can make WeWork irrelevant by just adapting and offering “WeWork” style coworking space thus it’s not clear what the end game of all this is. If it fails it fails. If it succeeds it’s super easy to copy and cut them out of the equation.
WeWork as a company is also becoming increasingly unfocused. They’re getting into everything from schools, daycare and all sorts of other stuff. That’s never a good sign. Do one thing and do it really well profitably. Anyone can do a lot of cool stuff while burning investor cash like crazy.