Re:AOL Offers Startups Free Office Space
by myshoppio on Saturday March 26, 2011 @07:13PM
(#2373499)
Well on the other hand look at how much these, huge cash (no ideas) rich companies spend prematurely buying out new ideas before these startups have flourished, thinking this will help their brand and traffic stats. However, If they succeed acting like an incubator, awesome ideas will have the time to blossom (with cash and high level support).
But from a humanist standpoint, reading an article about AOL's massive amount of open office space, reminds me that they just laid off (or are in the process of laying off) 25% of their workforce.
Not saying that this Palo Alto space is now free after former employees vacated, for all I know they worked in other offices, but still - my first gut reaction to this article was "yuck" - like "hey startups! We just laid off a huge chunk of our staff - more room for you!"