WeWork: The King is Dead, Long Live the King!
Founded by an entrepreneur with a vision. Taking a close look at upward moving trends, a company was born to meet the apparently insatiable needs for flexible workspace from entrepreneurs and small businesses.
That company grew quickly, as business confidence flexed its muscles after a recession. Pretty soon, everyone from the hottest startup to corporate giants were signing-up and taking flexible short-term leases from them.
As demand increased, this company became one of the hottest tickets in real estate. It became a well-known global brand. They partied in Las Vegas. It felt like everyone in real estate was either working for them, or making good money, either brokering deals or providing other services. We all drank the Kool Aid.
But the good times were not to last…