2 ms·

There is ton of demand for what they provide, but what they provide can easily be copied, and the copycats will not have a mountain of debt/investment caused by

There is ton of demand for what they provide, but what they provide can easily be copied, and the copycats will not have a mountain of debt/investment caused by irrational drive for growth at any price that they need to pay back. Right now, no-one is competing against We because they are selling a dollar at 60 cents to their customers. The second they stop doing that, there will be a dozen clones. We is worthless.

chrismarlow9 7y ago
This is my thought. It's about real estate. If starbucks decided to go full throttle into this concept they would kill it. They've essentially been the unwritten king of co-workspace since they showed up.
CaptainZapp 7y ago
Right now, no-one is competing against We WHAT? there's quite healthy competition[1], which actually make money as opposed to We. Granted, you don't get free beer and smarmy slogans. But competition is definitly on the market. [1] https://en.wikipedia.org/wiki/IWG_plc https://en.wikipedia.org/wiki/IWG_plc