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I haven't dug through their data or financials, but I work across the street from a wework and occasionally I go over and play some ping pong with friends. Thei
by deedub 10y ago
I haven't dug through their data or financials, but I work across the street from a wework and occasionally I go over and play some ping pong with friends. Their rent seems a little pricey, but it is ALWAYS packed with people in offices and at tables. I have multiple friends (3 or 4 different companies) that are all happily renting there. If other cities are anything like Portland I don't see how they are in trouble at all.
Im actually glad wework has terms of service like this and gave them an 30 minute eviction notice.
- toomuchtodo 10y agoDensity does not equal profitability.
- deedub 10y agoUmm it does if you know what the rates are to be there? Check back in 6 months and see how they do after their first round of churn?
- jarcoal 10y agoGuessing you work at Lytics!
- deedub 10y agohaha nice! Yeup! :-)