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> The price feels as a bargain. The price isn't just a bargain, it's an unsustainable subsidy. The reason the places you looked at before WeWork were boring a
by mdorazio 7y ago
> The price feels as a bargain.
The price isn't just a bargain, it's an unsustainable subsidy. The reason the places you looked at before WeWork were boring and expensive is because that's what it takes to actually be profitable in the short-term office leasing space. You're thankful for WeWork because they're effectively funneling investor money to people like you who wouldn't normally be able to afford trendy office space.
It's the same as when people were so thrilled that Uber was half the price of a taxi... because investors subsidized every single ride. Take advantage of these things while you can because they will inevitably go away when companies actually have to make a profit.
- deleted 7y ago[deleted]