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I think their comment is a little apocalyptic but I can say that wework going under could possibly trigger a large number of mid-small-size startups losing thei
by AgloeDreams 7y ago
I think their comment is a little apocalyptic but I can say that wework going under could possibly trigger a large number of mid-small-size startups losing their spaces and possibly ending up out of business.
- whatok 7y agoStartups aren't going out of business because they don't have a place to work from. They'll go out of business when funding dries up because valuations are in question now.
- jborichevskiy 7y agoSurely most of these startups could just move to competitors or go remote for a few weeks/months? Part of the advantage of being a mid-small startup is the mobility and flexibility.
- bpt3 7y agoThose companies will have their employees work from home, go to a WeWork competitor, or set up a permanent office. One of the many wonderful benefits of using WeWork is that it's very easy to stop using their service.