I had no idea that WeWork had a venture called WeGrow which was for providing child education until I came across this satirical comment:
WeGrow: "We are committed to elevating the collective consciousness of the world! For the low, low fee of 22000-40000 USD, we can lay the foundation for entrepreneurship in any child's mind!"
Parent: "That sounds great! We need more progressive-minded schools like yours to help teach kids how to overcome social and economic barriers later in life! But ... um ... the fee is a bit steep, and we're a working class household--"
WeGrow: "Sorry, we don't speak Peasant. Are you lost? The public school's down the street."
And no this WeGrow is not a cannabis company, that company is called WeGrow Store. But I imagine people would have to be either hideously rich or smoking something very potent to put up with those tuition fees. After some fact checking that price range in the comment is actually accurate!
WeWork was already in big trouble in 2019 1, long before the pandemic, so they were looking to cut some costs and in late 2019 WeWork shut down WeGrow to cut costs.
There's a good chance WeWork never had a good long term business plan and was just running on cheap financing money from places like SoftBank along with generating momentum-hype by claiming to be a tech-company in an era where tech was booming when in reality they were a commercial real-estate company and most definitely not a tech company. Like other tech companies they had a big IPO planned but unlike other tech companies their IPO was a complete failure. ↩