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Next Uber? Impressive growth, but their expenses grow at the same pace (they consistently need to spend ~$2 to earn $1). WeWork's locations are wonderful, but
by arnvald 7y ago
Next Uber? Impressive growth, but their expenses grow at the same pace (they consistently need to spend ~$2 to earn $1).
WeWork's locations are wonderful, but if they want to start making money, they need to start charging more or lower the costs. Won't people just move to cheaper offices then?
- Barrin92 7y ago>WeWork's locations are wonderful really had the opposite experience. To me they feel like a neural net went rogue and scanned through a billion pictures of "generic millenial apartment" and then turned it into workplaces. Every weworks place I've seen seems completely exchangeable and lacking any sort of character.
- shawabawa3 7y ago> Every weworks place I've seen seems completely exchangeable That's kind of the point. You get a consistent office environment in any wework It might not be perfect, but in my experience it's way better than the average office (at least in London)
- skewart 7y ago> WeWork's locations are wonderful I strongly disagree. The ones I've been to are shoddily built and badly designed. Door handles break after a few months. There are gaps in walls between offices. And bathrooms have sinks that are borderline unusable because light fixtures are in the way. Sure, everything is new, so it feels kinda fresh and nice at a glance, but I can't imagine the spaces aging well. Or, they'll have to spend money overhauling the interiors every few years. And that doesn't even touch on their branding and design choices, which, to me at least, don't even begin make up for the cheapo low-quality interiors.