Several years ago while hustling as a single founder, I hoped to get a desk in a private office (anything but open-space), so I would have a place to come to to focus on work, socialize and feel at work.. So I went to see what WeWork have to offer.
There I saw a nice floor with nice looking private offices, finally taken to what they thought might be relevant for me, they showed me a tiny space where half a diner table is hung on the wall and over a diner sofa with the second wall behind the sofa, (now-days these types of rooms are used for private 1 on 1 meetings and zoom calls..) for the price of what I would pay a private office of say 2/3 people (pre-WeWork shared office spaces).
Just the audacity of the person showing me this for this price struck me how greedy and disconnected WeWork are, got me so insulted I would never check them out again.
This is what you get when you get an MBA type business management constantly looking for ways to up the contract prices like its a B2B SaaS business (not that I'm saying this makes more sense there..)
>This is what you get when you get an MBA type business management constantly
I love how HN blames MBAs for everything.
This was greedy "tech people", nothing more nothing less. Maybe if a few of the characters in this saga had MBAs they would have been able to better judge the value of the business, as opposed to gut and vibes. After all, it was the MBAs who pulled the IPO, while the tech crew continued to push this garbage on the public.
> This was greedy "tech people", nothing more nothing less.
It's hard to talk about WeWork without talking about Adam Neumann. And looking him up, it seems that he does have a degree in business -- albeit only in 2017 -- rather than a degree in something like computer science or engineering. And prior to WeWork, he apparently founded a children's clothing company: not exactly a "tech people" industry.