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Judging by all the NYC competitors that have cropped up, I would say it is not hard to replicate at all. The biggest benefit to co-working spaces is short lease
by pmart123 7y ago
Judging by all the NYC competitors that have cropped up, I would say it is not hard to replicate at all. The biggest benefit to co-working spaces is short lease terms and the ability to scale up(down) space. Foreseeable, this could apply to a new company or a company opening an office in another city. I doubt you would use WeWork once you are leasing 10,000+ square feet of space, but perhaps HQ by WeWork has merits. As a startup founder that has leased spaces from co-working spaces, the price, location and quality of the space mattered much more than the brand renting the space.
- hobofan 7y agoSame in Berlin. At a past company, we've happily switched from WeWork to Rent24 paying a fraction of the rent for a bit less involved offering, and can just highly recommend it. It could rant all day long about WeWork Potsdamer Platz, but I think I've done so on every bigger WeWork thread here before...