TL;DR —
WeWork’s failure is not an indication that every other tech unicorn is overvalued. There are exciting companies like Stripe & Airbnb which will get their money's worth in due course. The new model needs to be singularly focused on creating tools and services to ease and increase existing and new transaction types for workspace needs. It should be more about orchestrating the workspace platform and less about leasing spaces from owners for the long term. It has all the advantages of a usual marketplace while avoiding the overhang of lease obligations.
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Written by
@sindamnataraj
Senior Product Manager @Microsoft Azure
Topics and
tags
tags
wework-ipo|wework|startups|startup-valuation|business-strategies|technology-strategy|business-model|latest-tech-stories|web-monetization
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