so well appointed—“like a Soho House,” one of my WIRED colleagues commented when I sent a photo on Slack—you could almost forget it overlooked a scrap metal yard on Greenpoint’s industrial fringe.
That’s a far cry from WeWork’s heyday, when individual offices were small, but open spaces felt like the lobby of a buzzy boutique hotel. The spaces were a “cool, cool place to work,” says Insurtech CEO and former WeWork regular Paul Gaglioti, citing the events and the coffee, beer, food, and random dogs hanging around.
Part of WeWork’s appeal was that it didn’t feel like a corporate office. Now, as WeWork goes more corporate and coworking spaces are invading hollowed-out malls, independent coworking spaces may offer the most potential for the sort of built-in community that WeWork promised in the early days.in the city’s Wynwood Arts District popped up in neighborhoods favored by young creatives.
All WeWork and WorkBar offer ultimately, is, is seat security. You can get WiFi, plugs and coffee almost anywhere now but the difference is, we can give you seat security literally anywhere now, the coffeeshop, library, niche business, and it even improves hot desking.
I think WeWork was ahead of its time. And in light of COVID, the model should now focus on renting space to companies, or making it easier to expense space rental, etc.
Short answer: Because the concept of shared workspace makes sense, but the capitalist model of speculative financialization does not. ('Overeager venture capital'... um, duh?)
Mary J Blighe said 'Is it worth it? Let me work it I put my thang down, flip it and wework it' didnt she?
What it looks like doesn't have to do with why it failed. In fact that was probably its only saving grace
I really hate these offices. Even worse than office gardens.
We don't even need to read that to hear the whoosh sound of you missing why IT 'failed' vs it was the CEO and his execution that failed.
Because the ideas not bad, the business model sucked/ was fraudulent.
Corporate office spaces are well known for identifying market trends and staying ahead of the curve!
It failed because there’s no such thing as Adjusted EBITDA in real life, not because the concept wasn’t popular
You need to understand the difference between a office layout and a business model.
'It's a Superfund 4 a reason...'
It's because society has failed
They’re elevating the world’s consciousness, duh
They don’t.
.. circumstantial legacy 🏢
So wait, with global warming or whatever klan words you are told to say by Hillary, why are democrats not running from NYC, LA, San Fran and other leftist cities? And why isnt Obama selling his new ocean front house? Hello? When are they going to move and sell?
Because floor plan doesn’t equal business model Delete this
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