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Why not? What makes this particular use case not suitable for profit?
by intopieces 7y ago
Why not? What makes this particular use case not suitable for profit?
- liveoneggs 7y agotheir operations, obviously
- rsuelzer 7y agoTheir mission statement.
- tiborsaas 7y agoMaybe they are making not so smart decisions with their locations? I've seen two WeWork places close to each other in the heart of London's financial district. They could rent a huge warehouse on the edge of the city centre, but that would attract probably a different audience they aim for. If they generate $1.3B loss with those prices[0] then how they see a way to make a profit? It's not like self driving coffee machines will save them :) I don't get it. [0]https://www.wework.com/buildings/5-merchant-square--london https://www.wework.com/buildings/5-merchant-square--london
- intopieces 7y agoBusinesses make dumb decisions all the time, it doesn’t mean their business model isn’t suitable, in some moral sense, for profit. Unless I am misreading the comment?