WeWork says it has 527,000 'memberships,' but that's not as straightforward as it seems

WeWork bills itself as being more affordable than traditional leases, where the tenant is on the hook for everything from their own construction costs to coffee, according to the prospectus it filed for its now postponed IPO.
But the way WeWork counts customers, which it calls "members" and "memberships," isn't as straightforward as it seems, multiple sources have told Business Insider.
WeWork's S-1 filing says it has 527,000 memberships, but based on the way WeWork calculates memberships, an un