Smart operations in the co-working space manage property, they don't rent it. Source: GGV interview with founder of Naked Hub @ https://soundcloud.com/ggvcapita

Smart operations in the co-working space manage property, they don't rent it. Source: GGV interview with founder of Naked Hub @ https://soundcloud.com/ggvcapital/grant-horsfield-of-naked-hub-creating-a-lifestyle-brand-in-china https://soundcloud.com/ggvcapital/grant-horsfield-of-naked-h... That said, I tend to agree Softbank news has suggsted some very weird pending or closed investments, notable eg. in our space = Zume.