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@patio11 is a huge fans of their business model: "I think this and remote work are the best bull case for WeWork. In 2025, every Fortune 500 company will have
by ZainRiz 7y ago
@patio11 is a huge fans of their business model:
"I think this and remote work are the best bull case for WeWork.
In 2025, every Fortune 500 company will have 10k+ remote workers, and every purchasing department will approve a reimbursement for WeWork with no questions asked."
https://twitter.com/patio11/status/1161796809741627392 https://twitter.com/patio11/status/1161796809741627392
- vanadium 7y ago> "[...] every purchasing department will approve a reimbursement for WeWork with no questions asked." I think this is just a smidge over-optimistic, considering what I know of finance teams at companies I've worked at, past and present. Here in Midwest population centers, remote work is starting to become more widely adopted from a "work from home" perspective. The moment there's an expense report attached to pay for another office space, you're coming into HQ and that remote work arrangement is going to be reviewed rather quickly.
- draw_down 7y agoYeah, discussions of remote work almost always overlook this. Companies are absolutely going to use it to offload office costs onto employees. Working from home already does that.
- paxys 7y agoSkips over the fact that a big chunk of people work remotely because they want to work from their homes, not sit in an office.