Can CoreWeave escape the landlord tax?
CoreWeave is signing impressive deals with hyperscalers; whether that revenue flows through to shareholders or landlords remains an open question
This past August, I wrote a fairly negative piece about CoreWeave. More recently, short seller Kerrisdale Capital released a jeremiad against the company. (I continue to hold no position in CoreWeave.) And, today CoreWeave announced a multibillion dollar partnership with Meta. Its stock popped.
So what’s going on?
My main criticism a…