Re:SoftBank’s WeWork Bailout Draws Investor Concern
by throwaway69173 on Saturday October 26, 2019 @02:31PM
(#21365361)
In short, yes. Some companies also feel it’s a good idea to house their tech workers in a cooler trendy wework unlike the rest of their employees. But the price is pretty key. At reasonable prices for what they’re offering, quantity demanded would probably go down
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Re:SoftBank’s WeWork Bailout Draws Investor Concern
by skookum on Saturday October 26, 2019 @03:15PM
(#21365594)
I don't think cooler/trendier is the reason major companies with established long-term offices use WeWork. I spent a few months in a WeWork office - which was more uncomfortable than it was cool or trendy - as an employee of such a company and the reason was mundane: needing temporary space for a subset of the workforce during an office remodel. I'd wager for most big name clients the draw is the short-term/low-commitment nature of the offering rather than cooler trendiness of Class C office space that's been tarted up with a thin layer of Silicon Valley chic.