Prediction: If WeWork survives the next 6-12 months, it’s going to be extremely successful.

A post-covid future now has thousands of companies who have shifted to “work from anywhere” culture and their workers are going to want to spend time out of the house in their newly relocated cities

Pre-Covid, WeWork’s target customer was startups, until they grew out of it and needed their own offices, and lots of “solo-preneurs”.

Now they’ve got all these big companies with millions in office cost savings, willing to spend whatever on their employees to enjoy remote work

I believe they’re the largest coworking space (maybe Regus but ) and this means they already have the infrastructure for visiting your coworkers, team meetings, quarterly offsites, and basically anything that will require in-person work in person in most major cities

I still think in person work is going to be the most important, especially for early stage startups, but they’re going to continue to start in coworking spaces just as they were doing pre pandemic.

And now there is even less incentive to lock in a long term commercial lease

A couple last thoughts:

I’m not a commercial real estate expert, but I wonder how much sorcery can be done where WeWork locks in some long term, very under market rates by using the current macro environment as leverage

And Masayoshi Son/Vision Fund is going to return billions on WeWork after continually being dragged in the press for the last few years

This train of thought was inspired by his $10b return on $DASH!

Now I’m curious if people in Miami are going to co working spaces and if so, how crowded they are.. given Florida is currently a lawless society