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I'd be interested to know your reasons for supposing We might or may have amassed proprietary insight into RE markets or even something like how to improve offi
by sk5t 7y ago
I'd be interested to know your reasons for supposing We might or may have amassed proprietary insight into RE markets or even something like how to improve office layouts, or even how to optimize the fluid dynamics of beer taps.
- kevin_thibedeau 7y agoThe meatless movement can finally put an end to Marsha cooking fish in the microwave.
- torgian 7y agoThis was the one comment I wanted to reply to, and only because it makes no sense to me lol
- samstave 7y agoSquare footage cost realities, contract negotiations, market norms in price, such things... Im not saying they DO have such insight, but if they have zero, or negative insight - well, then it goes more to say about those who invested in them doesnt it?
- seanhunter 7y agoCommercial real estate is a very active, competitive and generally well-understood business. Not sure WeWork would have insights over and above say Regus given that WeWork were not able to build a sustainable business at the pricing levels they had. So while we have a price point for flexible co-working rental it's not a level which allows for profitable unit economics. We don't (publicly) know whether the clearing price does or what that price is and neither do WeWork. Someone like CBRE or Regus might though.
- samstave 7y agogood points, thank you.