Question: Using the VRIN factors, explain why WeWorks valuation plummeted from $40bn to $4bn. Please pay attention to the fact that this article was written before
Using the VRIN factors, explain why WeWorks valuation plummeted from $40bn to $4bn. Please pay attention to the fact that this article was written before Covid, so ignore the impact of the pandemic (and all other external factors) in your answer and focus only on the VRIN factors.
Hint: To answer this question properly, you first need to think about the resources and capabilities of WeWork. What is its business model? What is the resource that WeWork sells to make money?
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