3 ms·
The obvious problem being that whereas the marginal costs of scaling a webapp to an extra million users are trivial, the marginal costs of scaling out an extra
by dustintrex 5y ago
The obvious problem being that whereas the marginal costs of scaling a webapp to an extra million users are trivial, the marginal costs of scaling out an extra million sq ft of office space are extremely high.
- HWR_14 5y agoOh yes, it was a dumb idea (although they planned to recoup the cost from bigger tenants in a way that was less dumb than it sounds). But that was the "poor business model" part of WeWork. I think, even if they were profitable, the risk they were assuming was prohibitive. And the self-dealing by the CEO would have prevented me from investing in them in any way.