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  "documentTitle": "WeWork | SPAC Presentation Deck | 50 slides",
  "authorId": "wework",
  "authorName": "WeWork",
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  "presentationDate": "2021-03-01 00:00:00",
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  "notes": "The chart highlights the ~70% physical occupancy threshold required to reach Adj. EBITDA breakeven.",
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      "text": "Adj. EBITDA Margin over time from 2020A Q4 to 2024E",
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      "text": "Please refer to reconciliation for Adj. EBITDA margin on pg. 46 in the appendix. Source: Management Projections. Note: KPIs include IndiaCo and ChinaCo. Financials include IndiaCo management fee and excludes ChinaCo. 1. Excludes WeMemberships. 2. Includes ~1% of occupancy from All Access memberships, representing ~7.3k total memberships in 2020.",
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      "text": "Adj. EBITDA Margin, Ending Physical Occupancy, Ending Total Occupancy (incl. All Access)",
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