Re:WeWork’s Back Is Against a Wall
by michaelt on Wednesday September 18, 2019 @04:51AM
(#21003437)
> But I understand that's not the only measure of 'better'.
I think there's a space in the market for a Regus-like company where the offices are 'Affordable Luxury' like Google offices, rather than 'Standard' which Regus provides.
You know, free food and soft drinks, ergonomic chairs, things like that.
The fact WeWork aren't making a profit, there are major governance problems, they have bad share structure, arbitrating long-term and short-term space leases has substantial downside potential, and the fact they're over-valued, mean I won't be investing of course.
I think there's a space in the market for a Regus-like company where the offices are 'Affordable Luxury' like Google offices, rather than 'Standard' which Regus provides.
You know, free food and soft drinks, ergonomic chairs, things like that.
The fact WeWork aren't making a profit, there are major governance problems, they have bad share structure, arbitrating long-term and short-term space leases has substantial downside potential, and the fact they're over-valued, mean I won't be investing of course.