wework is confusing me again

let's rewind a few months to this delightful quote from wework's ceo:

"No one is investing in a co-working company worth $20 billion. That doesn't exist," Neumann says. "Our valuation and size today are much more based on our energy and spirituality than it is on a multiple of revenue."

but now they have invested in a wave-pool company?

plz, someone tell me i am just not smart enough to understand what is happening here...b/c i cannot understand what is happening here....