[AlexandrB]

> It's obvious there is value, otherwise these companies wouldn't exist, no matter how much VC money is pumped in.

Would you say this about WeWork a year ago? VC-style central planning has had a great distorting effect on the supply/demand information function of the market.

[ghaff]

Oh I think there was some value in WeWork. OfficeSpace-as-a-Service that was hipper than Regus and offered consistency across many cities. But obviously far less value than the money being pumped into WeWork would suggest.

[ypzhang2]

Yes there is value in the product, its like fancy Regus, which is a real business. Its not worth what it was worth.