Why is WeWork 2.0 trying to go public?

In the wake of WeWork’sembarrassing IPO rout, you might imagine that startups working in similar markets would cool it for a bit. Perhaps they could work on cutting spending, improving their gross margins, and, say, shooting for profitability. Not so, at least in one case. Instead of doing those things, China-based Ucommune filed to go public in America this month. The WeWork competitor is mostly a co-working business. It’s also a marketing company.

Learn more about your ad choices. Visit podcastchoices.com/adchoices