Weird. I thought we all this work from home and giving up offices it would make sense to use wework the times you do get together.
At least that is what we are doing.
At least that is what we are doing.
The terms really didn’t make it fun, though. I think it was 3x monthly rent as a security deposit plus the first month’s rent. Sounds reasonable, except it was going to take something like 60 days for the security deposit to be returned. How convenient that my check for the deposit takes days but theirs takes 60 days.
All I wanted was to stay in Chicago until the real winter hit. :(
I also don’t get the insanity of charging 3x rent as a security deposit for a shared office. It’s a square box with a chair and table. How do I cause $1,800 worth of damage to that?!
The economics of all this works great on paper but very badly in real life.
My guess is that they will move to expand drop-in and bookable spaces, and reduce the number of private offices. Already I've seen some private offices turned into bookable meeting rooms.