I used to use Regus back in the day and have always been amazed at the current co-working craze. Personally I prefer a good, old-fashioned office but maybe I am just getting too old.
Anyways – I get the notion of just needing some space and wrapping the whole tech world around it.
However I don’t get Softbank or WeWork. Just baffling to me. Stuff that is allowed to go on in deals like this would have kept a simple seed investor like me from even going in. It would not have passed basic due diligence IMHO.
Here is one of the better reads on it:
What is We!? Understanding the WeWork IPO – Byrne Hobart – Medium
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