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© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.SoftBank invests in U.S. office space-sharing WeWork
By Yuri Kageyama TOKYO©2024 GPlusMedia Inc.
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kabukideath
From a Wall Street Journal article last month:
"Since it was founded eight years ago, WeWork Cos. has offered tenants in its locations kegs of free beer, as part of the hip vibe the fast-growing shared office startup has been selling."
Free beer at work, what could possibly go wrong?
WeWork = the emperor's new clothes. The basic business model works but not beyond a certain point because the more successful WeWork's subtenants become, the more likely they will cease to remain clients. In a slowing economy the downside leverage could get pretty interesting.
Belrick
To grow? They've offices in many countries with a huge workforce!
Would have liked a job with them but their reviews on Glassdoor are not entirely favourable.