Re: [Coworking] Infuriating article on the high premiums charged by coworking spaces in Bloomberg

2015-02-07 Thread Jerome Chang
There are some coworking spaces that are either publicly subsidized or operate 
like a cooperative to be able to accommodate the local, perhaps depressed, 
economy.
However, economics 101 says there is no free lunch, so costs are costs, so an 
owner earning $$ is likely faced with $$ costs.

That said, BLANKSPACES has always offered very affordable $100/mo WorkBar plans 
for now 7 years. :-)

JEROME CHANG

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On Feb 7, 2015, at 12:37 PM, Marius Amado-Alves amado.al...@gmail.com wrote:

 Not read the article, but I do feel cowork fees are too high in a couple 
 contexts:
 
 space with hundreds of coworkers in a big city e.g. Berlin thus earning many 
 tens of thousands of euros monthly; that's very good business for the owner, 
 but somehow inbalanced w.r.t. to the social economy spirit of coworking
 
 many people would benefit from coworking but cannot afford the high fees e.g. 
 unemployed people
 
 this is just an observation about the dimension of the fees, not about the 
 article which I haven't read and probaly will not, sorry
 
 
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[Coworking] Infuriating article on the high premiums charged by coworking spaces in Bloomberg

2015-02-04 Thread Will Bennis, Locus Workspace
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

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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Re: [Coworking] Infuriating article on the high premiums charged by coworking spaces in Bloomberg

2015-02-04 Thread Anca Mosoiu
A business-focused news site should really do a better job of hiring
writers who know how business works and operates.  This article is
ill-informed and misleading, but, hey, it's gotten us to talk about and
click on it.






On Wed, Feb 4, 2015 at 1:31 AM, Will Bennis, Locus Workspace 
wmben...@locusworkspace.com 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

 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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