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The elasticity is nice, sure, but in a contraction wouldn't we see less startups needing office space overall? If the economy is in the toilet it's hard to get
by owenmarshall 7y ago
The elasticity is nice, sure, but in a contraction wouldn't we see less startups needing office space overall?
If the economy is in the toilet it's hard to get funding to pay someone for office space to hold your startup that you can't fund.
- ghaff 7y agoAnd to the degree that We Work gets used as a "working from home" option, I expect that in any sort of crunch, many of those people will be told to just, you know, "work from home" and rent conference room facilities etc. on a daily basis as needed.