WeWork sits on the ledge between being an overvalued real estate player, and being one of the key driving forces for an innovation-focused movement that is redefining the way companies and workers operate. However, recent deals may mark a turning point, allowing the firm to develop resilience while also supporting its primary vision. Critics say WeWork’s success and failure are too dependant on startup and gig economy development, but as long as those cultures continue to emerge WeWork is positioned to be at the heart of “work” in the future. That’s why an office real estate play can reach such a lofty valuation. “These new agile ways that occupiers are taking up space in the major cities around the world have given rise to the co-working phenomenon, which has been one of the biggest trends in real estate over the last couple of years,” explains our recent report StartUps and their Impact on Smart Buildings […]