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101km | 7 years ago

For a pinch of irony the founder is Israeli: https://en.wikipedia.org/wiki/Adam_Neumann https://www.youtube.com/watch?v=yOb_ogQJWeI

tl;dw - "As of 2 years ago 98% only young entrepreneurs, as of today 30% of all of our members are enterprise, corporate America.

23% of all Fortune 500 companies are already in WeWork.

..If they want a satellite office they'll just put it in a WeWork, if they are looking for an HQ or they want to redo their HQ they'll ask us to do it.

And today we don't even take the space - we will redesign the space, build it, deploy our technology which is called WeOS and took a long time to create and put our community managers in there.

I would love to do it for city hall, in fact if any mayors are listening: we.co/mayors"

discuss

order

devoply|7 years ago

Money does not care much about your place of birth or ethnic affiliations... Especially the Saudis who have no qualms about Israel. Commercial real estate, however, is hardly the future. In my city for instance 30% of commercial real estate is sitting vacant.

Their concerns would probably be focused on this:

> In its first ever release of financial results, the privately held firm said total revenue rose to $421.6 million from $198.3 million in the year-ago quarter as memberships jumped to 268,000 at the end of June from 128,000 a year earlier.

> Net losses jumped to $723 million over the first half of 2018 from $154 million a year earlier.

https://www.reuters.com/article/us-wework-results/wework-rev...

shard972|7 years ago

Whats Ironic about that? Isn't SA allied with Israel?