WeWork was a company that made the news because it’s propagandists turned out to be frauds and it went bust despite massive overhype.
But I don’t know the details. What I don’t understand is how it was so hyped in the first place. From my understanding they rented out office spaces. But is that really that revolutionary? What was their value proposition?
I remember people proposing an app service to allow them to sublet their apartment during the daytime hours.
To be used as a workplace?
I think they overestimated how many people are nocturnal.