A piece contributed to Zero Hedge by journalists at Capitalist Exploits flags the strong correlation between tech stocks and bonds markets , referring to WeWork as a real estate leasing business set up as a tech company at the tail end of a bull market . In any event, it explains very well why folks hate anyone who sold them a story related to resources over the last 5 years or so. The article suggests that similar to Tesla , WeWork is heavily reliant on the capital markets citing its need to pay $ 18bn in rent over the coming years on current leases , $ 100 of which falls due over the next four years and that the start - up is still loss - making .
A piece contributed to Zero Hedge by journalists at Capitalist Exploits flags the strong correlation between tech stocks and bonds markets , referring to WeWork as a real estate leasing business set up as a tech company at the tail end of a bull market . The article suggests that similar to Tesla , WeWork is heavily reliant on the capital markets citing its need to pay $ 18bn in rent over the coming years on current leases , $ 100 of which falls due over the next four years and that the start - up is still loss - making .