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The whole business has bad economics, and it's been a perfect example of Venture Capitalist charity
by djbebs 4y ago
The whole business has bad economics, and it's been a perfect example of Venture Capitalist charity
- deepsun 4y agoSame as Wework, but as far as I see, WeWork carved out their chunk of the market (by pricing out competition using price dumping). Now, once they killed some competitors, they are regular player on the co-working market, with regular prices. I tend to think this is bad for economy in general, as it emphasizes capital over innovation.