[jrockway]

What's good for customers and what's good for shareholders are very different things. WeWork having an infinite number of locations for you to use your membership at is great for you as a customer. It's pretty bad for shareholders, though, when the bottom falls out of the market and WeWork is stuck in leases for locations that nobody goes to.

I think a lot of the IPO criticism comes from that way of thinking. So I don't think it's bad to "throw shade" at that business model while still being a customer. WeWork is taking all the risk out of real estate for you, the customer. That's good for you, but maybe bad for them.