With my past companies, I’ve leased commercial space all over Boston, and after having spent a year leasing from WeWork, it’s been great. Highly recommended for any start-up.
Our primary office is in WeWork’s South Station (Boston) office, and we’re in WeWork SOMA (San Francisco) about once a month. I tend to describe the environment as “a college dorm for start-ups”. Rows and rows of glass offices filled with promising young companies.
Best Things About WeWork
As an entrepreneur, it’s super convenient and easy. No big deposit, no long-term commitment, and included furniture mean that it’s extremely capital efficient. We’ve moved offices twice as we’ve grown, and it’s been seamless.
The locations are super: right near the Moscone Center in San Francisco, and literally steps from Boston’s biggest train station in South Station. You know what they say is the most important thing in real estate? Exactly.
The offices themselves are very ‘space efficient’ which basically means that they fit a lot of people into a small amount of square feet, but somehow they don’t feel overly cramped because around 90% of the walls are glass. The glass also has a cultural impact as it reinforces corporate transparency. It also gives a buzz to the place as you see everyone working hard, even if you have no idea who they are or what they’re doing.
WeWork promotes their “community” and social app. I’m not sure about the app, but we’ve made good connections here at WeWork but for suppliers and customers. TriNet, who provides our HR and payroll services, came through WeWork and we even received a big discount as a WeWork member.
There is always coffee and beer on tap, and almost every day some sort of event where there is free food or drinks. The team in both locations is top notch and extremely helpful. Somehow the bottle of Macallan we keep in the office to celebrate was emptied one night and they promptly replaced it.
What’s Not To Like?
My new company, Spiro Technologies, is focused on breathing new life into sales technology. We’re a bunch of extroverts. I spoke with a CEO who is temporarily in the WeWork space who is an introvert and leading a more introverted team. They weren’t quite as excited by the rah-rah attitude around here.
It can be a bit nosy, and occasionally we get into a “who can play the music louder” war, but that quickly resolves itself.
Even though we have a team office, when the guys across the hall insist on dribbling a basketball, it does seem to disturb the peace.
But — whatever! Each and everyone of the 20+ leases I’ve signed have turned in to challenges in some way. Much less headaches here in WeWork.
We’re Planning On Staying
The experience has been great for us. As we grow, I expect there to be a point where it makes sense to lease our own office space, but I’m going to try to push that out as long as possible. It’s just too easy and good here at WeWork.
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