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> slow 30-year-old companies like Regus

Unless I am completely misunderstanding the value of WeWork, this ship seems to have already sailed. At least locally, Regus has offerings that are substantially the same in price and features to what WeWork has.

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Also, smaller, regional real estate companies are doing this (generic co-working spaces) with empty office space, often on the ground floor. I visited a startup at one such location and was impressed with it. It's a strategy to capitalize on unused assets.

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