People who have never run a business often think that sort of thing.  It is 
a really silly article, I agree with that.  His other articles are no less 
silly though.

But Steve King (quoted in the article) is usually around here somewhere, 
maybe he will have something to add.


On Wednesday, February 4, 2015 at 10:31:48 AM UTC+1, Will Bennis, Locus 
Workspace wrote:
>
> I have never been so pissed by an article on coworking: 
> http://www.bloomberg.com/news/articles/2015-02-02/co-working-spaces-an-expensive-cure-for-loneliness
>  
> <http://www.google.com/url?q=http%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2015-02-02%2Fco-working-spaces-an-expensive-cure-for-loneliness&sa=D&sntz=1&usg=AFQjCNF5bOlIO4O365jSvPM2_v7GMZIn4w>
>
> Can't believe Bloomberg would publish this kind of financial analysis 
> (treating the only cost of business as the lease cost). My ongoing struggle 
> with running a coworking space has been with the fact that margins on 
> memberships for the most part need to be lower than they should be to 
> compete with spaces funded by grants, accelerators treating the space as a 
> business cost for the hopeful investment payoff, big businesses using 
> coworking spaces as mascots/advertising/sources of inspiration, or other 
> spaces that are just operating at a loss because they underestimated the 
> expenses involved in operating a space. 
>
> Anyway, just putting this out there to promote some good old group 
> resentment at the media. :)
>
> Anyone disagree and think Bloomberg got it right?
>
> Will
>
>

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