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I remember in early 2000 Newsweek did a whole "tech" issue. In it was a story about a woman who charged $600 an hour helping fledgling startups buy furniture fo

I remember in early 2000 Newsweek did a whole "tech" issue. In it was a story about a woman who charged $600 an hour helping fledgling startups buy furniture for their offices. This article gave me the same vibe as that one. These tenants don't sound profitable (I could be wrong, they could all be wildly successful) and WeWork is expanding aggressively expecting their to be more of them. When they stop paying the rent, wework stops paying the mortgage.

jdavis703 9y ago
It's not that dire. They simply wind up renting out entire floors of their real estate to "legacy" companies. Sure they can't charge the premiums that come from leasing small spaces, but they're a real estate firm which makes them a little more resilient to a startup downturn.
matt4077 9y ago
It's easy to mock the aesthetics and trends in such a community. But, honestly, focusing on quality of life was long overdue, and has since spread far and wide. For many of the dot-com boom's startups, it may be the most permanent, and beneficial, legacy.