- While local coworking spaces could match the decor, vibe, etc. your local coworking space didn't have locations in other cities. I got 5? credits that I could use to work out of other WeWork locations.
- WeWork definitely had a tech-first attitude. If you wanted to reserve meeting rooms, register a guest, sign-up for events, etc, they wanted you to do that through their mobile app or website. Regus may have had a site, but they didn't push you towards it.
- WeWork had a "marketplace" where you could get discounts on various tech/non-tech things like accounting software, business cards, services, etc. Probably another good revenue stream. They could be pitching it as the "App Store" for startups.
- In my location, in the LA area, tech wasn't the majority. I would say 75% of the people I met were in some sort of service (real estate agents, lawyers, consultants, recruiters, etc,).
I don't think they're worth $35B (Delta Airlines' market cap is $38B, Atlassian market cap is $15B for some benchmarks), but they definitely do have some positives.