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It is a sustainable business to have "cool" coworking spaces for $400 per month (adjusted to COL). Just not a $50B business.
by redisman 7y ago
It is a sustainable business to have "cool" coworking spaces for $400 per month (adjusted to COL). Just not a $50B business.
- mdorazio 7y agoI don't think it is, though. WeWork's perks are a massive overhead cost, on top of the huge upfront cost of building out a space that is trendy. I have yet to see any evidence that this model is actually sustainable, even at smaller scale. Co-working spaces that are long-term sustainable tend to be some combination of more expensive, more boring, or less built-out.