Please don't use indentation for quotes. The side-scrolling makes it completely impossible to read on mobile, and nearly impossible to read on desktop. >So wha

Please don't use indentation for quotes. The side-scrolling makes it completely impossible to read on mobile, and nearly impossible to read on desktop. >So what about companies like WeWork and Peloton that interact with the real world? Note the centrality of software in all of these characteristics: > >- Software creates ecosystems. >- Software has zero marginal costs. >- Software improves over time. >- Software offers infinite leverage. >- Software enables zero transaction costs. > >... > >- WeWork claims it has a software-created ecosystem that connect companies and employees across locations, but it is difficult to find evidence that this is a driving factor for WeWork’s business. >- WeWork pays a huge percentage of its revenue in rent. >- WeWork’s offering certainly has the potential to improve over time. >- WeWork is limited by the number of locations it builds out. >- WeWork requires a consultation for even a one-person rental, and relies heavily on brokers for larger businesses. > >Frankly, it is hard to see how WeWork is a tech company in any way.