I never thought WeWork would succeed. Reasons:
- the library was free to work at
- they leased the property and then subleased it after rebuilding the inside
- they offered free drinks, snacks, some places had gyms and showers too.
- expanded very quickly and in LA had locations within a block of another.
They are still around. It’s still around the same price to rent a desk for the day. But Regus, the actual property owner has their own desk rental service too.
Yeah, I was looking for a place to work at in Austin and there they were. Chose a local coffee shop instead