they leased the property and then subleased it after rebuilding the inside
they offered free drinks, snacks, some places had gyms and showers too.
expanded very quickly and in LA had locations within a block of another.
They are still around. It’s still around the same price to rent a desk for the day. But Regus, the actual property owner has their own desk rental service too.
Makes sense to me. Open office designs SUCK. I share an office with 2 other people and I’m much, much more productive in my home office with 3 kids in the house because I can shut my door, be alone with my thoughts, and be productive.
I never thought WeWork would succeed. Reasons:
They are still around. It’s still around the same price to rent a desk for the day. But Regus, the actual property owner has their own desk rental service too.
Are they still around though? I think they filed for bankruptcy. The jeezus wannabe ceo was a good con artist.
Makes sense to me. Open office designs SUCK. I share an office with 2 other people and I’m much, much more productive in my home office with 3 kids in the house because I can shut my door, be alone with my thoughts, and be productive.