That a co-working company is valued at $10b should be a giant flashing sign that something is fucked in the startup ecosystem.
@wooster True. Afaik, the bet is basically that a ton of new people will become freelancers/start small agencies in the near future.
-
-
@paulbaumgart Or they're taking equity to capture exponential growth value, but afaik they're not. -
@paulbaumgart And even that's not a good strategy, as it's what ended Brobeck last go-around. - 1 more reply
New conversation -
-
-
@paulbaumgart Unless they start renting out entire buildings, and then they're competing against better cost structures.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulbaumgart Which is a weird bet. They can only capture value from small startups, not the successful ones.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.