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The irony of the whole thing is that with the mass availablity of cheap commercial office space for the next couple of years, Wework itself might actually have a viable business model. After all, it generally functioned best in a recession or when leases were cheap. I’d guess that’s what Neumann is hoping for, although I suspect he’d have trouble getting investment if the company got in trouble in future.
Yeah, in an era of “hybrid” work having a lot of short-term workplaces all over the place makes a ton of sense.
there is so much money in VC and it’s so fucking dumb that I am reluctant to bet against a talker like Neumann on such trivial grounds as “your idea is bloody stupid” - Softbank considered that a feature, after all.
