As WeWork’s Losses Mount, It Aims to Distance Itself From Uber

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As WeWork’s Losses Mount, It Aims to Distance Itself From Uber
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WeWork, which at $47 billion is the country’s most valuable startup now that Uber is public, has long been dogged by skepticism about its lofty valuation

As WeWork Cos. heads toward an initial public offering, its ebullient chief executive believes it shouldn’t be lumped in the same category as massively money-losing companies like Uber Technologies Inc. and Lyft Inc.

“Our business model is quite different,” WeWork CEO Adam Neumann said from the startup’s New York headquarters.

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