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WeWork Publicly Unveils IPO Filing

A recent report that WeWork was preparing to unveil its IPO filing this week has proved true, with the co-working space company having done just that. WeWork just unveiled its S-1 filing with the SEC, revealing much previously unknown info and metrics of its business. Key takes from WeWork's S-1 filing include:
527,000 members as of Q2 2019 end, up from 401,000 in 2018 and 87,000 in 2016. More than 50% of WeWork's members are outside the US.528 WeWork locations (across 111 cities) worldwide, up from 425 (across 100 cities) in 2018 and 111 (across 34 cities)  in 201638% of the Global Fortune 500 are customers$1.54 billion revenue in the first half of this year, but with a $905 million loss in the same period. This is up from $764 million revenue in the first half of 2018 and a $723 million loss in the same period$320 million sales and marketing spend in the first half of this year, up from $140 million in the first half of 2018$3.3 billion revenue run rate (as of Q2 end), up fr…

Checkout The New Toyota Yaris

The 2020 Toyota Yaris

image: Toyota

Toyota recently unveiled the new Toyota Yaris model. The 2020 model is dubbed Hatchback and will be offered in mono-spec LE and XLE grades. Features of the new vehicle include:
  • Standard 16-inch aluminum alloy wheels
  • Power-adjustable side mirrors -- with LED turn signals, and heating for defrosting in cold weather
  • A rear backup camera
  • Tilt and telescoping steering wheel
  • Chrome interior door handles
  • Smart Key Entry with Push Button Start
  • A 7-inch touchscreen display screen
  • Six speakers, two USB ports, Bluetooth connectivity, and voice recognition
  • Apple CarPlay and Android Auto
  • Standard SiriusXM Satellite Radio
  • Navigation hardware
  • A 1.5-liter inline -- 106hp-- four-cylinder engine
  • 6-speed automatic transmission
  • A noise-insulating windshield
  • A Low-speed 'Pre-collision Safety System'

image: Toyota

image: Toyota

image: Toyota

These features are standard for the new Yaris Hatchback. The upper grade XLE will come with stepped up features like leatherette seating surfaces, a leather-trimmed steering wheel, automatic LED headlamps, shift knob, parking brake handle, and rain-sensing windshield wipers.



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