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Comment by dasil003

I had no idea WeWork was growing so fast. Maybe I'm old fashioned, but there's no surer sign of a new bubble than this kind of growth for a luxury supplier to startups. For a new startup, it's crazy to pay WeWork's premium when your runway is so limited and you need to hustle as hard as you can to get traction. Once you get a little bigger, for the WeWork premium you can hire an office manager with an interior design edge and get all the upside but customized to your actual needs. I guess their golden goose would be big corporate clients who want to reinvent their workplace but are too set in their ways to drive it internally, but having raised almost $7B, over $5B this year, I just don't see where the upside is for investors.
parent dasil003 8 years ago

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