Re:WeWork documentary explores a decade of delusion
by xtracto on Tuesday April 06, 2021 @03:27PM
(#26716274)
I dont understand all the fuzz about WeWork. I was renting Regus spaces here in Mexico when our startup started growing about 8 years ago. Here in my city there are at least 3 companies that offer ready-made spaces (Regus, iOS and a local one called Nevermind) that have been active for quite a while.
Re:WeWork documentary explores a decade of delusion
by 908B64B197 on Tuesday April 06, 2021 @03:48PM
(#26716530)
I discovered Regus on this very thread.
WeWork managed to get itself in the media. That's the only difference I can see.
As an aside, iOS and Nevermind are both horrible for getting any visibility on a search engine...
Re:WeWork documentary explores a decade of delusion
by bumby on Wednesday April 07, 2021 @08:57PM
(#26733759)
The film makes brings up Regus and seems to point to the difference largely being marketing, especially to a younger crowd. Regus was portrayed as your fathers stodgy old sublet and WeWork s was where you’d want to rent to be around fun, beautiful people
But it's interesting what they did with their real-estate by repackaging it as the "Cloud Computing" of office space. Fundamentally, they solved the issue of selling office space to folks who either needed to add capacity in a short time or who just had to go month to month because no landlord would talk to them (a startup with N months of runway might not be the best tenants. Prime real-estate is rented out with leases that are in the 5+ years durations).
Their network was also an interesting feature: For folks traveling for business it might be an interesting value proposition to be able to just go to any of their locations worldwide. That's a real differentiator from most coworking spaces around (I'm thinking Hanahaus and the likes) that only have in the single digits locations.