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WeWork Signed 15-Year Leases on 30-Day Promises, in One Chart

WeWork ran at 89% occupancy with 662,000 members while carrying $47.2 billion in future lease payments against $1.82 billion of 2018 revenue. Source: WeWork S-1 and Chapter 11 filings.
WeWork Signed 15-Year Leases on 30-Day Promises
GroupMeasureValue
The demand was realOccupancy, 201989%
The demand was realMembers662,000
The balance sheet was notFuture lease payments$47.2B
The balance sheet was notChapter 11 debt$18.7B
The balance sheet was not2018 revenue$1.82B

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