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Not a very defensible business model if you have massive competitors that need little more than some colorful paint and a few shared desks smashed together in t

• chrisseaton 7y ago
  Hmm I don't know. The fact that it never occurred to Regus to make the working environment even remotely pleasant makes me think they don't 'get it' in the way that WeWork do, and it's a more deep divide. They may be able to literally paint their offices now it's been pointed out to them by someone else how horrible they are, but they're probably still missing the point even if they do that.
  • notahacker 7y ago
    Alternate hypothesis: Regus has successfully scaled and retained its customer base and makes a big profit per desk whilst not following the trend of the thousands of other spaces being sublet with trendier decoration and social spaces, most of them not by WeWork. Maybe it's not the company whose investors have written down 90% of their investments which is the one that 'gets it' McDonalds makes terrible beefburgers too, but they're doing just fine.
  • rchaud 7y ago
    I'm pretty sure it occurred to Regus to dress up their offices; perhaps they couldn't afford to do it on WeWork's scale because they actually focused on profitability as opposed to carefully threading emperor Neumann's garments with Softbank's money.