It boggles the mind how a company asks for a $4bn investment and describes it as a lifeline.<p>The defence budget of some NATO countries is less than that.
I certainly hope the lifeline comes with a hell of a lot more penalties for WeWork than just a lower valuation. At this point they need to be forced into an actually sustainable business model and Neumann needs to be completely kicked out this time.
> "They also intend to sell ancillary businesses that provide marketing, networking, and office-cleaning services"<p>Those ancillary businesses' main (only?) client is WeWork. I don't expect them to get top dollar.