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WeWork parent pulls IPO following pushback: sources

reuters.com

241–250 of 347 posts

Re: WeWork parent pulls IPO following pushback: sources

#241
post #14

Is it true that WeWork is now the largest single lessee of commercial real estate in the US? Seems like a bad bankruptcy could have some broad ripple effects.

I have no idea but I bet even Walmart blows the doors off them in terms of commercial sq footage.

Re: WeWork parent pulls IPO following pushback: sources

#242
post #85

Earlier quoted context omitted.

I actually still use Blue Apron. It's not that much more expensive than grocery shopping (I live in New York so groceries are expensive) and you never end up with wasted food. The recipes are generally very quick to make and far better than anything I could make on my own in a comparable amount of time. While the business may not have worked out so well their service is still pretty good.

Blue Apron just seems so unnecessary. You still have to do all the work! Just go to the grocery store and buy stuff there? You can get recipes online for free. I do all my shopping on Saturday at Trader Joe's and spend very little for lots of food which I then cook. There's so much wasted materials and trash with Blue Apron. I don't get it, but then I don't have any trouble cooking for myself and my family. I didn't…

I am surprised that M&S did not make it work in the USA - M&S food stores would seem a natural fit for Cities like NYC.

Re: WeWork parent pulls IPO following pushback: sources

#243
post #182
post #23

As someone living in SF, I don’t think anyone in SF or SV would ever consider WeWork to be a “Silicon Valley” company in the same way that Uber or Twitter or Slack is. The company has 0 tech brand among employees (how many ex-FB or ex-Google engineers work there?) and outside of Benchmark’s early round none of the VCs are SV-based. Point is the media is making this out to be an indictment on some SV tech bubble but p…

It's not "Silicon Valley", it's Silicon Valley . As in the show. My wife just started a contract at a new WeWork office in London. The lobby features a giant but non-functional as skateboard ramp, and two DJ booths, both manned (at 9am on a Monday). The bathrooms feature the very latest in digital toilets, but they aren't flushing, and nobody can figure out how to reboot them. At an aesthetic level, this couldn't be…

You nailed it, it's absolute parody.

The graffiti in the Broad St. NYC location is cringe inducing.

On more than one occasion I've witnessed people omit that their office is based out of a we work location. Just too embarrassing to be associated with them.

Re: WeWork parent pulls IPO following pushback: sources

#244
post #146

Earlier quoted context omitted.

> Blue Apron just seems so unnecessary. You still have to do all the work! Not to mention the impact of the packaging materials and shipping. I can't speak to Blue Apron but my daughter used Freshly for a bit and I was shocked to the point of laughter at what was showing up at our house once a week: a big cardboard box with this thick, plastic-wrapped insulating material fitted to all six faces, and inside were nestl…

> but I bet 90+ percent goes right in the can and out to the curb Source? Or are you just speculating based on nothing?

Just to elaborate: The comment is basically saying they are lying without any proof of such. Is it OK to blatantly and unfoundedly accuse companies of fraud like that?

Re: WeWork parent pulls IPO following pushback: sources

#245
post #182
post #23

As someone living in SF, I don’t think anyone in SF or SV would ever consider WeWork to be a “Silicon Valley” company in the same way that Uber or Twitter or Slack is. The company has 0 tech brand among employees (how many ex-FB or ex-Google engineers work there?) and outside of Benchmark’s early round none of the VCs are SV-based. Point is the media is making this out to be an indictment on some SV tech bubble but p…

It's not "Silicon Valley", it's Silicon Valley . As in the show. My wife just started a contract at a new WeWork office in London. The lobby features a giant but non-functional as skateboard ramp, and two DJ booths, both manned (at 9am on a Monday). The bathrooms feature the very latest in digital toilets, but they aren't flushing, and nobody can figure out how to reboot them. At an aesthetic level, this couldn't be…

its more like entertainment 720 or whatever it was called in parks and recreation

Re: WeWork parent pulls IPO following pushback: sources

#246

We Co isn't a tech company. Its a landlord subleasing commercial realestate as short term month to month leases with snazzy furniture. They happen to have a mobile app. Its functionality is so poor they removed the pay snack bar in my SF WeWork because no one could pay through the app. CloudFlare... Now there's a proper tech company.

Isn't a normal run of the mill business that happens to have an app the definition of a startup?

Re: WeWork parent pulls IPO following pushback: sources

#247
post #218
post #86

Earlier quoted context omitted.

Your point is quite reasonable in general but the discussion was for Silicon Valley and San Francisco. My GF has worked for Microsoft, Amazon, FB and now Google (and some startups over the years). How? Well they all have big tech offices close to Palo Alto. When she worked for various startups she was an ex-MS, ex-FB etc person. If she'd stayed in Chicago (Northwestern grad), that's unlikely. Of course those companie…

I would still maintain that the parent is correct and there is a large quantity of talented developers in SV who have never worked at FB/Google/MS/etc. I know quite a few of them (and would like to believe I'm talented, too).

You’re missing the point, not working at FB/Google/Microsoft/Yahoo!/Amazon/Apple doesn’t mean you aren’t a talented engineer, but the fact remains, having worked at one of those companies for several years or longer is a sure fire way to get recruiters to chase you. So not having any of those folks (which recruiters lust for) and yet being a “tech unicorn” is generally not a good sign.

Re: WeWork parent pulls IPO following pushback: sources

#249

Earlier quoted context omitted.

> Blue Apron just seems so unnecessary. You still have to do all the work! Not to mention the impact of the packaging materials and shipping. I can't speak to Blue Apron but my daughter used Freshly for a bit and I was shocked to the point of laughter at what was showing up at our house once a week: a big cardboard box with this thick, plastic-wrapped insulating material fitted to all six faces, and inside were nestl…

Certainly not as much, but there is still quite a lot of invisible packaging you don't see up the grocery store supply line. Just about everything in the grocery store comes in a big cardboard box.

However grocery stores and other businesses in that chain have bailers for the cardboard and other processes to insure recycling.

blue apron's fault is trying to enter a space too easily replicated by others including the very grocery stores who have everything mostly in place except for the recipes.

it wasn't long after services like Blue Apron came about and were newsworthy before many grocery stores started having prepackaged fresh items you could mix and match for a quick meal.

Re: WeWork parent pulls IPO following pushback: sources

#250

Earlier quoted context omitted.

While this is true, I seem to miss what makes Slack special. We use it at work, and it is decent at what it provides, but we could probably just as well switch to Discord, Microsoft Teams or ICQ. Microsoft Teams especially seems like a deliberate attempt to dethrone Slack, and while it is slightly more annoying to use, it just makes sense for companies to bundle their services and subsciptions. I do not really see a…

I don't think you can post syntax highlighted code snippets, or do automations with ICQ.

This is something they (ICQ team) are working on right now (actually they are launching ICQ-based Slack-alike collaboration solution, Myteam)
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