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Does anyone work in co-working spaces?
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jcrew247 Offline
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Post: #26
RE: Does anyone work in co-working spaces?
Has anyone heard about the WeWork IPO?

Its been a disaster so far and the CEO has resigned.
I guess he was spedning too much money on personal expenses
and just being too eccentric and erradict.
They estimated its worth to be way too high, when its basically
just a real estate company. The evaluations were
ludicrous and unsustainable.
10-03-2019 03:50 PM
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Robert High Hawk Offline
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Post: #27
RE: Does anyone work in co-working spaces?
(10-03-2019 03:50 PM)jcrew247 Wrote:  Has anyone heard about the WeWork IPO?

Its been a disaster so far and the CEO has resigned.
I guess he was spedning too much money on personal expenses
and just being too eccentric and erradict.
They estimated its worth to be way too high, when its basically
just a real estate company. The evaluations were
ludicrous and unsustainable.

So funny, I was just talking about this with friends. The articles on this are just brutal. Even the recently fired (resigned) CEO made out like a bandit, almost a BILLION dollars milked from the company like buying up real estate personally and then leasing it out to WeWork. Or buying the trademark rights to the WeWork name, then selling the trademark for a cool 5 million.

But even though this is a farce, when it all comes crashing down, it may not be so funny. WeWork is the LARGEST COMMERCIAL LEASEE in New York, LA, London, and several other major cities in the US. They are the third biggest commercial real estate renter in the world right now. Think about that for a company that is like 5 years old. Insane. And when they suddenly can't pay their bills anymore.... the whole commercial real estate industry will feel it very hard.
10-03-2019 05:29 PM
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paninaro Offline
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Post: #28
RE: Does anyone work in co-working spaces?
(10-03-2019 05:29 PM)Robert High Hawk Wrote:  But even though this is a farce, when it all comes crashing down, it may not be so funny. WeWork is the LARGEST COMMERCIAL LEASEE in New York, LA, London, and several other major cities in the US. They are the third biggest commercial real estate renter in the world right now. Think about that for a company that is like 5 years old. Insane. And when they suddenly can't pay their bills anymore.... the whole commercial real estate industry will feel it very hard.

I don't think it will be that bad. The ones I've visited seems to be quite full, and if WeWork comes crashing down, their competitors will just buy up the existing properties/leases and start making cashflow from day 1 since the spaces have existing coworking tenants.

WeWork's IPO issue was the shady deals between the company and the CEO, and and IPO filing that pitched them as a tech company (with associated high valuation) instead of just a real estate company. As long as they can keep getting coworking tenants to fill those spaces, the underlying business model isn't bad.
10-03-2019 10:28 PM
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SomeOneSomeWhere Offline
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Post: #29
RE: Does anyone work in co-working spaces?
Coworking fits right into the globalist agenda.

Peasants paying top dollar to rent a desk while having zero privacy and having to explain themselves to random people staying there who might not be so kosher.

Highschool 2.0 except this time you pay for the desk to the rent seekers.

Offices tend to be all glass as well so you can't do bad boy stuff like jerking off cause masculinity is bad mkay.

In South East Asia it's just established people doing remote work and shady internet marketing guys selling dreams to guys with very few guys running actual long term businesses that aren't drop shipping fad stuff.

I have never been to a coworking space in a western country but I presume there are plenty of smart thots looking to lock down entrepreneurs and high income remote workers so they can get them to travel the world with them on their dime.
(This post was last modified: 10-04-2019 02:42 AM by SomeOneSomeWhere.)
10-04-2019 02:39 AM
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RawGod Offline
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Post: #30
RE: Does anyone work in co-working spaces?
^dude a co-working space is just a cafe with good wifi and less coffee. I think the fact that jerking off would be frowned upon is more a feature than a bug.

Dr Johnson rumbles with the RawGod. And lives to regret it.
10-04-2019 03:48 AM
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SomeOneSomeWhere Offline
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Post: #31
RE: Does anyone work in co-working spaces?
(10-04-2019 03:48 AM)RawGod Wrote:  ^dude a co-working space is just a cafe with good wifi and less coffee. I think the fact that jerking off would be frowned upon is more a feature than a bug.

You're thinking of low end places. WeWork for example has offers offices but in reality they're largely glorified glass cubicles that you pay 1k+ for a month.

If I pay that much money I want some privacy and do as I please.

The powers that be know that constant mutual surveilance especially involving women will lead to a super compliant PC culture where women have the upper hand who can subsequently be weaponized against peasant men.
(This post was last modified: 10-04-2019 04:37 AM by SomeOneSomeWhere.)
10-04-2019 04:36 AM
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JiggyLordJr Offline
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Post: #32
RE: Does anyone work in co-working spaces?
(10-04-2019 02:39 AM)SomeOneSomeWhere Wrote:  Coworking fits right into the globalist agenda.

Peasants paying top dollar to rent a desk while having zero privacy and having to explain themselves to random people staying there who might not be so kosher.

Highschool 2.0 except this time you pay for the desk to the rent seekers.

Offices tend to be all glass as well so you can't do bad boy stuff like jerking off cause masculinity is bad mkay.

In South East Asia it's just established people doing remote work and shady internet marketing guys selling dreams to guys with very few guys running actual long term businesses that aren't drop shipping fad stuff.

I have never been to a coworking space in a western country but I presume there are plenty of smart thots looking to lock down entrepreneurs and high income remote workers so they can get them to travel the world with them on their dime.

+ 1

This is basically co-working in a nutshell. Unless you have a team of people you physically need in one place, there's no sense in having an office. It's like paying rent twice. There are plenty of working environments that foster a focused mindset - university/public libraries come to mind. Free access to high speed internet and a quiet atmosphere; why would you go anywhere else? "Co-working" spaces are a scam targeted at "digital nomad" millenials looking to chat over craft beer while they peck away at their keyboards and engage in make-work. Being around losers this will affect your productivity substantially - avoid like the plague.

In other words, if you're serious about your business, pick a serious work environment.
10-04-2019 10:10 AM
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Evanescence Offline
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Post: #33
RE: Does anyone work in co-working spaces?
My RVF members only co-working space is gonna be the next big thing.

It's gonna look like a pet shop on the outside but inside we'll have old school solid wood desks with crystal decanter sets and boxes of cigars.
A membership will include a nice young christian girl as your personal secretary. Once I get a hold of Little Dark I'll hire him as a security guard.
10-04-2019 12:43 PM
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Zenta Offline
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Post: #34
RE: Does anyone work in co-working spaces?
So I have a friend that rents one of these spaces and I have been to it, it is more private than the glass wall set up. He gets his own individual office with some privacy and everything is concrete so it has pretty good sound proofing. There was also different set ups with common areas and some bigger spaces that could host more people for one office area. Price wise it is affordable here but our cost of living is low. All in all not bad, but he could still do his work at home vs spending the overhead on the space, for him its more of an excuse to have a private office to get away to.

On the flip side I've also had people seek to rent office space from me to turn them into co-working areas and those set ups would be less than ideal as described here. My friends office space is set up in a way that its almost as if it was designed for it. People looking to rent wide open office space from me and just toss in a bunch of cubicles with a few shared common areas and a shared conference room you have to schedule to use? If I walked in there to meet someone and I was a client I would think it was a joke and very unprofessional.

Quite a big difference between renting your own private office in a building that doesn't necessarily scream "office share", versus walking into the door of an office building and just seeing a bunch of random cubicles with random people all doing their own degenerate things.
10-04-2019 04:04 PM
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paninaro Offline
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Post: #35
RE: Does anyone work in co-working spaces?
(10-04-2019 04:36 AM)SomeOneSomeWhere Wrote:  
(10-04-2019 03:48 AM)RawGod Wrote:  ^dude a co-working space is just a cafe with good wifi and less coffee. I think the fact that jerking off would be frowned upon is more a feature than a bug.

You're thinking of low end places. WeWork for example has offers offices but in reality they're largely glorified glass cubicles that you pay 1k+ for a month.

If I pay that much money I want some privacy and do as I please.

The powers that be know that constant mutual surveilance especially involving women will lead to a super compliant PC culture where women have the upper hand who can subsequently be weaponized against peasant men.

I think you're reading too much into it. Coworking spaces aren't some big scam against men. All a man needs to do is turn his monitor and position his desk away from the view of those walking by. The "scam" is charging really high prices per square foot.
10-05-2019 01:46 AM
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paninaro Offline
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Post: #36
RE: Does anyone work in co-working spaces?
(10-04-2019 10:10 AM)JiggyLordJr Wrote:  This is basically co-working in a nutshell. Unless you have a team of people you physically need in one place, there's no sense in having an office. It's like paying rent twice. There are plenty of working environments that foster a focused mindset - university/public libraries come to mind. Free access to high speed internet and a quiet atmosphere; why would you go anywhere else? "Co-working" spaces are a scam targeted at "digital nomad" millenials looking to chat over craft beer while they peck away at their keyboards and engage in make-work. Being around losers this will affect your productivity substantially - avoid like the plague.

In other words, if you're serious about your business, pick a serious work environment.

It can work well in the US, because many landlords won't rent just 1-2 offices to a tenant. The landlord wants to rent the whole floor -- too much work and financial risk to set up leases for each office on the floor.

Personally, I prefer working from home due to the no commute and no distractions, but some people work better in a more "lively" environment. If that environment means retaining a good employee, it can be worth it.

Yes, there are BS millenials with BS companies renting there, but they'll be gone (bankrupt) and moved out of there within a few months anyway.
10-05-2019 01:51 AM
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TheFinalEpic Offline
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Post: #37
RE: Does anyone work in co-working spaces?
I would hazard to guess that WeWork won't exist in a year or two. The business model is essentially 'crack rocking' office space to the most risky demographic possible - small businesses and startups. I also believe that not much gets done in co-working spaces, from what I've seen with tours in the past; most people are flirting with the semi-attractive other 'entrepreneurs', and bringing people into a co-work space for meeting is less effective than just meeting them at some trendy coffeeshop or bar for a meeting.

All in all, I am liking the University/College suggestion earlier in this thread, RVF strikes gold again.

"Money over bitches, nigga stick to the script." - Jay-Z
They gonna love me for my ambition.
10-05-2019 04:32 PM
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