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by mpswardle 2493 days ago
>1) Difficult/unpredictable/uncontrollable customer retention

I don't think this is the case in a lot of WeWorks anymore, i work in a WeWork and the majority of companies are now bigger corporates.

Goldman Sachs just took 2 floors in the WeWork next to us.

It's actually quite hard to find a largeish Co-Working space in London as it moves so quickly and so much space is being taken by corporates buying entire floors.

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One WeWork in London (125 Shaftesbury Avenue) even "closed" to the public as Facebook leased out the entire facility.

As far as I can tell, WeWork is not really a coworking business. It's a large-scale office space leasing business that uses coworking as advertising.