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It’s not Uber for Offices. It’s AWS for offices. The AWS bet is that some companies, especially when starting out, will pay a high premium to not have to manag

• wongarsu 3y ago
  Which makes sense. Startups don't like signing 5-year lease agreements, so renting individual offices with all infrastructure taken care off is very attractive, and there are lots of companies offering that. But WeWork tried to sell a very specific brand of that, notably open-plan workspace with great interior design. Which is the opposite of "cheap office space where people can get stuff done", putting them in a tough spot when money isn't plentiful for startups. And it didn't help that was run like a Silicon Valley startup, but in a business where there are very little efficiencies of scale. Just about anyone can start a viable local competitor, allowing the market to adapt far quicker than any one company can.
• unusualmonkey 3y ago
  > The AWS bet is that some companies, especially when starting out, will pay a high premium to not have to manage certain physical resources, and to have the flexibility to scale up or down easily It's not even a high premium if you need what cloud offerings have. Management is expensive. Scaling is expensive. Security and compliance is expensive. Cloud isn't for everyone, but when you need what it offers it can be amazingly cost effective.