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What business plan seemed so dumb to you but actually worked out? (lemmy.world)

submitted 2 days ago by TehBamski@lemmy.world to c/asklemmy@lemmy.ml

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[–] Blackout@fedia.io 12 points 2 days ago (3 children)

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.

[–] TheFonz@lemmy.world 4 points 1 day ago (1 children)

Are they still around though? I think they filed for bankruptcy. The jeezus wannabe ceo was a good con artist.

[–] Blackout@fedia.io 1 points 1 day ago

Yeah, I was looking for a place to work at in Austin and there they were. Chose a local coffee shop instead

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