LPs for the investors
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Feb 6, 2023 by Adam Neumann · across every show →
Everything said about LPs for the investors, oldest first
Feb 6, 2023 bullish
Neumann: Reducing tenant churn to 40% yields 500 bps extra LP return
“If the user now enjoys their experience more and feels like they have a portion of the value and chooses to stay a little longer, and that average churn goes down from 50% to 40%, without getting too deep into the numbers, the NOI of the building will go up by…”