Pros
If you are aware of one, I’d love to know.
Cons
Where does one even begin? I’ve never seen such a poorly run organization in my life, and the saddest part is that no one within the organization who has the power to change it, cares enough to do so. For a company that is ultimately in the real estate business at the end of the day, the lack of real estate knowledge and experience throughout the organization is unbelievable. This company is so obsessed with itself that they don’t even take the time to understand their competition. If they did they would know that their product has become inferior to that of other flex space operators over the last 6-12 months as the competition in this space has forced everyone else to step up their game. If WeWork doesn’t make MAJOR changes in the next 12 months, I think it may be too late to reverse the damage that has been done.
