News for hackers. Stuff that matters.
Re:Critics say WeWork is an overvalued real-estate play by dmode on Thursday October 19, 2017 @01:35PM (#15509853)
Honestly, as someone dealing with small businesses, selling insurance and HR services to tiny startups is not a $20B business. Selling those to large companies is, but that market is already saturated.
Re:Critics say WeWork is an overvalued real-estate play by lnanek2 on Thursday October 19, 2017 @02:28PM (#15510353)
The WeWork claim is that some of their startups will become huge and they'll already have their foot in the door, so to speak, for selling those huge companies more real estate and services. Having a 5 person startup as a renter is not a big win, but if that startup becomes Twitter size...
Re:Critics say WeWork is an overvalued real-estate play by pcsanwald on Thursday October 19, 2017 @02:45PM (#15510507)
Do they seriously claim this? It sounds like a pretty far-fetched thing for them to say. I've opened several offices and moved my company around a fair bit, and I don't know how WeWork or anyone else would have their "foot in the door".

Any company approaching the size of twitter is going to contract those services out and either beat them down to very thin margins or manage the services themselves. very little upside in that.

Re:Critics say WeWork is an overvalued real-estate play by readhn on Friday October 20, 2017 @11:06AM (#15516344)
haha. seeing that most start ups will fail - good luck with waiting for that unicorn! it might never come in their space.

https://www.forbes.com/forbes/welcome/?toURL=https://www.for...