WeWork India

“We start even as low as 8000 bucks in in certain locations and we go as high as 40,000 you know for a dedicated private office in in some locations”

“We had an exposure to the market of like nearly four or 500 draws. With no money in our bank at all. And just, you know, our word and our promise that we will make good.”

“So because of that, we had to finally come to what ended up becoming the first ever franchise model for WeWork, where we said that we will Take the plunge. We will, you know, the money, we will grow the business under the WeWork brand name. And, you know, you …”

“Today we have 44 locations, close to about, say, a little over 70,000 or deaths in the country”

“You know, we're already sort of, like, gonna be close to about 300 odd million, you know, in terms of run rate, like, very soon.”

“Right now, you know, the business doesn't require much external capital. We just completed a little bit of a raise, and we are generating also positive cash, so external capital is, is really limited, but I do owe our existing shareholders some liquidity and s…”

“So, yeah, I think within three years.”

“Actually, embassy as a landlord would be maybe about 20% of our portfolio.”

“In June of 2020, actually right in the middle of the pandemic, we, you know, got that hundred million dollars in funding, which honestly was like a lifeline to the business.”

“And we'll be adding, you know, about 20,000 desks year over year, which for us is like between 30 to 45%, you know, growth.”

“We saw occupancy, like, what is sold, go from 77% at that point in time, down to 47% in, like, a span of 30 days, or, like, 45 days.”

“So we've invested almost hundred and fifty million of our own money in this business. And yeah, that's been over the last sort of four or five years.”

“You know, as a business hit what is called as like operating leverage, operating efficiencies, which means that we are sufficiently covering all of our costs and also incremental costs that we might have for growth by a decent margin, you know, businesses upwa…”