I really don't understand the negativity on HN towards WeWork.
In principle, how it is different than AirBnB or Uber in regard of being a tech company? It's not like Uber or AirBnB's core compentancies are tech, I'm sure WeWork can also build a dev team making frameworks and research that some day might be used in their core business.
The article argues that the difference is that Uber, AirBnB, Yelp, Twitter is a tech company because they have "scalable virtual models that can be exponentially magnified overnight with little additional costs" but this seems to bu untrue since they did not took over the world. Maybe they are just humble but I think it's simply that their business model is "low touch high scale" and this is being mistaken with Microsoft's ability to develop technology and sell it infinite times with at no addditional cost per copy.
What stops WeWork from embracing the Uber model? Maybe you have an empty flat, you can turn it into WeWork location by furnishing the place according to the WeWork standarts and install some kind of kiosk and smart lock system. Uber makes the driver to use cars that obey certain standarts, why wouldn't WeWork do the same and "scale overnight"?
In principle, how it is different than AirBnB or Uber in regard of being a tech company? It's not like Uber or AirBnB's core compentancies are tech, I'm sure WeWork can also build a dev team making frameworks and research that some day might be used in their core business.
The article argues that the difference is that Uber, AirBnB, Yelp, Twitter is a tech company because they have "scalable virtual models that can be exponentially magnified overnight with little additional costs" but this seems to bu untrue since they did not took over the world. Maybe they are just humble but I think it's simply that their business model is "low touch high scale" and this is being mistaken with Microsoft's ability to develop technology and sell it infinite times with at no addditional cost per copy.
What stops WeWork from embracing the Uber model? Maybe you have an empty flat, you can turn it into WeWork location by furnishing the place according to the WeWork standarts and install some kind of kiosk and smart lock system. Uber makes the driver to use cars that obey certain standarts, why wouldn't WeWork do the same and "scale overnight"?