I ran a coworking space in downtown Los Angeles for about 3 years, at the same time that WeWork was rising. I'm also older, I was in my late 40's while operatin

I ran a coworking space in downtown Los Angeles for about 3 years, at the same time that WeWork was rising. I'm also older, I was in my late 40's while operating the CoWorking space called DropLabs. I noticed that the people who preferred WeWork and similar LA coworking spaces were young, under 30, with family money they did not value, so the prospect of a trendy coworking space with lots of other young people for 2-6 times what we charged, seemed really odd to me. So, I tried working there for a week to see what the attraction is - it is all the other young people, WeWork's atmosphere, in the Hollywood one at least, felt like a high school dance, with a surprising amount of flirting and partying between the people at the space. I felt, perhaps a half dozen people out of the nearly one hundred there were actually trying to get work done. the majority behaved like they had no idea what work is. After that week, I returned to my non-fancy coworking space downtown and operated it for another year before closing. WeWork, in Los Angeles at least, captured all the young, flush with family cash "entrepreneur wannabes" and sucks their cash. WeWork is 1.5 to 2x the cost of a office. They figured out youth will pay to be around other youth, creating a "entrepreneur play zone" where they reinforce the idea they are not really wasting their family's money nor their lives.