WeWork Gets a Visit from Financial Reality
271–280 of 380 posts
Re: WeWork Gets a Visit from Financial Reality
#272Earlier quoted context omitted.
> Pee, to our American friends "Wee" also means "pee" in the US, as well as meaning "small".
Only in the context of being a Britishism that Americans occasionally use.
Nope. Never in my life heard of it being a britishism.
Edit: A downvote for proving an absolute statement wrong?
"Bloody" is used as a britishism. "Wee" is not, at least in many areas.
Re: WeWork Gets a Visit from Financial Reality
#273Earlier quoted context omitted.
a still evolving business that currently includes an elementary school and a coding academy. Education is like catnip to these people. It's like some kind of attractor industry. They're all convinced they have the magic formula.
To be fair, education in the US is very broken.
Re: WeWork Gets a Visit from Financial Reality
#274Earlier quoted context omitted.
I tried using a Regus space the other week. It didn't seem that much better than any other co-working space in regards to noise and bad manners?
Have you been in a WeWork office, though? IME all shared offices are incredibly noisy, I don't understand why anyone would want to rent there.
Re: WeWork Gets a Visit from Financial Reality
#275https://www.bloomberg.com/opinion/articles/2019-01-08/wework... "In addition to the corporate finance weirdness: “Going forward, the company will no longer be called WeWork but rather The We Company.” (“The switch is not a legal name change,” okay.) And: “Rather than just renting desks, the company aims to encompass all aspects of people’s lives, in both physical and digital worlds,” which is—and I have spent years w…
"The We Company": somebody didn't check what that sounds like when spoken in British English. Wait, what? A company that manufactures and or sells wee?!?? (Pee, to our American friends.) It's not as extreme as powergenitalia or expertsexchange but still something of a facepalm.
Re: WeWork Gets a Visit from Financial Reality
#276I really wonder why and how companies are willing to rent at these places. It's full of arrogant pricks and the failure rate of startups is insane. I founded a company few years ago. Was offered space at we work for about 3k for just 100square feet. Few days of searching through local real estate companies brought me a 300square feet office for 1.5k at a similar location. Only no freebeers and fancy entrance.
Re: WeWork Gets a Visit from Financial Reality
#277Earlier quoted context omitted.
> Tech allows a company like Uber to allocate rides vastly more efficiently It's more accurate to say that venture capital allows Uber to subsidize rides more aggressively. I see no evidence that Uber is substantially more efficient (when you include the driver's costs) than traditional taxi companies. Edit: Uber has also managed to skirt a bunch of labor laws by claiming their employees are contractors. I guess that…
I think it's unquestionable that tech like Uber's can/does allocate cars and rides more efficiently. The taxi model relies on drivers circling looking for a fare and phone dispatch with, at best, a dispatcher seeing GPS cab location on a screen and trying to eyeball-match it to the caller's location. (or, at worst, caller-reported location, and radioing a bunch of cabs asking them "hey, where you at?") At its most ef…
one, the convenience of the app model.
two, subsidizing rides to flood the market with drivers.
three, offloading risks like employment law and fleet management onto drivers.
None of the stuff you said about traffic routing is currently true nor is it likely to be relevant. Taxi and Uber drivers do the same thing -- show up where and when there are predictable flows of people. They do this using human intelligence. It is unlikely that all the crazy big data analytics is going to do significantly better than this.
Occasionally they work off hours and pick up a few people that need rides.
That's it.
Re: WeWork Gets a Visit from Financial Reality
#278Earlier quoted context omitted.
On the other, other hand, Amazon sends currently very overvalued as a retail company. (I haven't looked at the comparative sizes of its various components.) How long before Amazon sounds of its retail business?
I mean, haven't they pretty much already done so? Would not surprise me if a majority of both inventory and sales are actually marketplace sellers by now, that pay Amazon for fulfillment.
Re: WeWork Gets a Visit from Financial Reality
#279https://www.bloomberg.com/opinion/articles/2019-01-08/wework... "In addition to the corporate finance weirdness: “Going forward, the company will no longer be called WeWork but rather The We Company.” (“The switch is not a legal name change,” okay.) And: “Rather than just renting desks, the company aims to encompass all aspects of people’s lives, in both physical and digital worlds,” which is—and I have spent years w…
"The We Company": somebody didn't check what that sounds like when spoken in British English. Wait, what? A company that manufactures and or sells wee?!?? (Pee, to our American friends.) It's not as extreme as powergenitalia or expertsexchange but still something of a facepalm.
Re: WeWork Gets a Visit from Financial Reality
#280Earlier quoted context omitted.
The dystopian novel "We" tells the story of a society which encompass all aspects of your life, in both physical and mental worlds. >"We is set in the future. D-503, a spacecraft engineer, lives in the One State, an urban nation constructed almost entirely of glass, which assists mass surveillance. The structure of the state is Panopticon-like, and life is scientifically managed F. W. Taylor-style." https://en.wikipe…
I mean, "Soylent"?
The same cannot be said for We.