Re:John Carmack Leaves Meta
by mejutoco on Saturday December 17, 2022 @06:03AM
(#34026771)
The whole point of wework from a customer perspective is that you don’t have to commit to long 10-year leases. So wework leases long-term and the customers short-term. If the customers dry up wework still needs to pay their commitments.
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Where did I say 10 year leases? I specifically said 1 to 2 years knowing exactly how WeWork operates.
Nowhere did you say.
My point is the dynamic I mention explains the problems of wework, and is not proved wrong by the argument you put forward, paraphrased, that "businesses have evaluated long-term risk of renting at wework so wework is not at risk"
Your second attempt of paraphrasing my comment is still way off the mark.
It wasn’t a long comment, so maybe you should take it at face value rather than trying to change it to suit your argument.