The reason business hotels work is they convince employees booking travel and purchasing departments funding it that “You probably have a lot of questions but it’s a Holiday Inn; anything else?”
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Serviced offices have existed, and commercial real estate obviously exists, but “worldwide brand in knowledge worker office” seems pretty novel to me.
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(I also think if you’re a startup with less than, oh, 25 employees and you’re thinking leasing an office rather than doing WeWork you probably are misallocating managerial bandwidth to end up with a worse product.)
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I love that when I read your tweets there's always something you're bringing that nobody else (that I follow) is discussing at moment. The importance of reimbursement is huge and it's such an interesting topic that I've never thought about before. Thank you so much (huge fan!).
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Any time!
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The bear case is that the founder's shenanigans would make Enron blush
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I heard this stat about fortune 500 companies a few times now but i can't find a source on this I am most likely looking with the wrong search terms Could you send me a link where this originates from?
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I believe it's from this one..https://www.upwork.com/press/2018/02/28/future-workforce-report-2018/ …
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Do they own the space they rent? If so the biggest bull case is simply that urban housing prices aren't going down, because NIMBYs are a difficult political problem to solve
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This is less true outside of a few locales (mostly on the west coast). The rest of the market is much more exposed to things like a recession.
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