Re:WeWork’s Adam Neumann Steps Down as CEO
by vinay_ys on Wednesday September 25, 2019 @01:04AM
(#21067765)
WeWork may soon be headed the way of Gym's business model which is to oversubscribe like crazy assuming not everyone will show up at the same time and many will not show up at all. When that happens, I wonder what happens to NPS. How many people will be a WeWork member (like their gym membership) but don't really need/want to use it?
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Re:WeWork’s Adam Neumann Steps Down as CEO
by cj on Wednesday September 25, 2019 @07:32AM
(#21069674)
The answer to that question is already answered by looking at existing coworking spaces. WeWork isn't doing anything different.
Existing coworking spaces already make lots of money off of people who don't fully utilize their membership (which isn't necessarily a bad thing). WeWork is no different.