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WeWork isn’t a tech company; it’s a soap opera

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131–140 of 199 posts

Re: WeWork isn’t a tech company; it’s a soap opera

#131

Earlier quoted context omitted.

I think it would be amazing to see a co-working brand have locations absolutely everywhere, like 24 hour gyms. One price gets you into any of them and they're all the same. It would help with customer retention because they've already paid $300/mo to get in, so if they move or travel they're not paying someone else. They're sticking with you. I'm surprised WeWork locations are so few and far between, while Snap Fitne…

Everyone needs to exercise. WeWork appeals to a tiny fraction of the workforce.

>Everyone needs to exercise

Yes, but not everyone does, and not everyone who has a Snap Fitness membership actually uses it. If that statement held true, Snap Fitness would have a US membership of ~330 million people.

Re: WeWork isn’t a tech company; it’s a soap opera

#132

Earlier quoted context omitted.

It seems like their isn't much benefit to brand loyalty here - I would imagine it is easy to simply do a google search for a short term work place in a new city if you need a change of scenery from the coffee shop!

I think it would be amazing to see a co-working brand have locations absolutely everywhere, like 24 hour gyms. One price gets you into any of them and they're all the same. It would help with customer retention because they've already paid $300/mo to get in, so if they move or travel they're not paying someone else. They're sticking with you. I'm surprised WeWork locations are so few and far between, while Snap Fitne…

I'm surprised WeWork locations are so few and far between

Where are you located? They have 562 locations, In many large cities, (SF, NYC, Phil - in Mexico City too) at least you can't go a more than a few blocks without getting a WeWork. Its pretty ubiquitous for me when I travel, but I've got a limited circle of cities I hit

Re: WeWork isn’t a tech company; it’s a soap opera

#133

Earlier quoted context omitted.

It seems like their isn't much benefit to brand loyalty here - I would imagine it is easy to simply do a google search for a short term work place in a new city if you need a change of scenery from the coffee shop!

I think it would be amazing to see a co-working brand have locations absolutely everywhere, like 24 hour gyms. One price gets you into any of them and they're all the same. It would help with customer retention because they've already paid $300/mo to get in, so if they move or travel they're not paying someone else. They're sticking with you. I'm surprised WeWork locations are so few and far between, while Snap Fitne…

It's not impossible, but I'm not sure a one-price-fits-all makes the most sense. Let's say I travel mostly in the mid-west. I go to lots of co-working spaces for my three-hundred-per-month. You, mean while, live in new england. You travel to lots of spaces, too. Here's the difference: it is significantly more expensive to operate a space in new england. Food is pricier, land is much pricier, the list goes on. For a unified price, I would 1. have to charge mid-westerners more and coastal customers less, and 2. Lose some money from mid-wester customers which could have been made from them.

Better price discrimination -> better profits; businesses seek to do this every day with tiers, regional pricing, etc. Why would I throw all this away?

Re: WeWork isn’t a tech company; it’s a soap opera

#134

@patio11 is a huge fans of their business model: "I think this and remote work are the best bull case for WeWork. In 2025, every Fortune 500 company will have 10k+ remote workers, and every purchasing department will approve a reimbursement for WeWork with no questions asked." https://twitter.com/patio11/status/1161796809741627392

Skips over the fact that a big chunk of people work remotely because they want to work from their homes, not sit in an office.

Re: WeWork isn’t a tech company; it’s a soap opera

#135

Earlier quoted context omitted.

As far as I can tell the only benefit they provide over other smaller coworking spaces (most of which are a lot better) is that there are a lot of them. You can get a mebership at a WeWork in Austin, then pop into the one in Tokyo to get some work done while you're visiting. That being said, that's probably not worth the expense, terrible technology, or loudness of weworks for most people.

There are a lot of companies that have small remote Wework offices for sales/support/short term projects. For larger companies that have a bunch of these, Wework has the advantage of being simple and standardized and available in most cities.

Ah, that's a fair benefit I hadn't thought of. If you're a big company with tons of little remote offices having a single bill is probably nice.

Re: WeWork isn’t a tech company; it’s a soap opera

#136
post #118
post #62

I'm not very knowledgeable about WeWork... but what exactly do they bring to the table that wasn't being done before business wise? They just seem to have office space like any other company that might. Presumably the properties they bought or lease or whatever were somewhat profitable before ... but now WeWork owns them and ... doesn't make money? That seems, bad. I'm skeptical of say Uber's long term sustainability…

They're planning on tracking workers within their buildings. >WeWork's latest acquisition is a small software company with 24 employees. Euclid is a spatial analytics platform...Euclid's website says the company is "focused on redefining the workplace experience of the future." Translation: optimizing every aspect of the physical workplace so workers are their most productive. Euclid does this by tracking how people…

The kind of company that gets upside from spying on its workers isn't the kind of company that rents a trendy office space with free beer.

Re: WeWork isn’t a tech company; it’s a soap opera

#137
post #61

Earlier quoted context omitted.

So now there’s significant complexity to getting on the network. Seems like a poor choice for a co-working space. And, as I say, plenty of large companies with competent IT departments don’t seem to think that’s necessarily. And how about when you’re having a meeting with outside people who need to get onto a network?

Most universities and schools have a similar setup. No idea how WeWork works but I assume you have some sort of user account already (how do you pay them otherwise?) that you can use to authenticate yourself. Then your AP just needs to talk to a auth gateway (usually RADIUS) which then talks to your actual auth backend (LDAP, AD, or whatever online login form they use). For guests you either generate guest account or…

Fair enough. Although I'm familiar with quite a few situations where most people just use a single network for wireless (whether employees or guests) and confidential company resources are put behind SSO and/or VPN using 2FA.

Others do have separate networks of course and maybe that makes sense in the case of something like WeWork that probably has more people who aren't employees/paying customers coming in and out and getting on the network than the typical company office does.

Re: WeWork isn’t a tech company; it’s a soap opera

#140
post #113

I'm tired of my WeWork. I'm tired of the relentless positivity ("Thank God for Mondays!") and faux corporate cheerfulness. I freelanced because I wanted out of that corporatism where I'm reminded that I don't just have to work; I have to be happy while doing it. WeWork's championing of "makers" and "creativity" and all that gobbledock might work for some people, but I just want a space to work out of that has good Wi…

It's corporate cult-as-a-service for those who don't have an office that provides that for them.

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