WeWork is like Starbucks and McDonalds business wise. Their IP is all their manuals, their suppliers and financial backers. Strong brand. Lots of adjacent markets. Amazing business!
Personally, when I entered a WeWork for a meetup I felt it's interesting design etc, but it feels like it sucks out your soul. It's like comfy and cold at the same time. Premium Mediocre maybe is the right term for that, not sure.