3 ms·

I was referring to the quality of the product from the customer POV.

• purple_ducks 7y ago
  They rent office space.
  • michaelt 7y ago
    If you think office space doesn't vary in quality, you haven't worked in a very wide range of companies :)
    • icelancer 7y ago
      Or rented from Regus, which is a company that people are just now finding out about. Their offices are absolutely embarrassing.
• AlexandrB 7y ago
  MoviePass was an amazing product from the customer POV. Not a viable business though.
• smacktoward 7y ago
  From the customer's POV, selling dollar bills for fifty cents each is also a high-quality product.
  • tempsy 7y ago
    No not really. Again, they lose billions right now because it costs a lot to build out new buildings. Then as a building matures they recoup these costs through the memberships. The more mature offices are profitable. It just isn’t necessarily tech/VC level profits.
    • throwaway2048 7y ago
      They aren't building out anything, they lease existing office space.