Do you think that WeWork could “turn the dial” to become profitable? If so, what changes should the Company make? If not, Why not?

Venture capital question | Business & Finance homework help

I believe that WeWork has the potential to become profitable through making certain changes to its business model. Firstly, the company should consider cutting back on its expensive real estate investments and instead focus more on providing innovative services such as co-working spaces, event venues or flexible office space solutions. Additionally, they could also look into diversifying their revenue streams by offering additional products or services beyond just renting out physical workspaces . This could help reduce their reliance on any single source of income which can be beneficial in case of economic downturns.

A second step would involve restructuring their corporate culture in order to foster greater efficiency and cost savings. This could include streamlining operations and implementing measures that promote growth while also reducing unnecessary spending. Finally, I believe it is important for them to invest heavily in technology as this can have a major impact when it comes to driving down costs while simultaneously increasing productivity . Overall , these steps can help WeWork move towards becoming a profitable entity once again.