WeWork (now: “We Company”) receives the mind share of real estate interest by tech and retail media. With over 7,900 employees and over 11,000,00 square feet under management, this is practical. But we’re beginning to see the tip of the iceberg for brands, real estate, and activation. By the end of 2019, two brands will be operating luxury hotel experiences. One is a luxury gym and retailer, the other is a digitally vertical native brand (DNVB). Both are moving consumers through the funnel with an age-old model that’s newer to brand sales. It will be everywhere before we know it.
In the fall of 2017, WeWork purchased the building of an iconic retailer on New York’s Fifth Avenue. It signaled a new era for the cowork building network, one that wouldn’t be limited by the cost structures of rented tables, private offices, or floors. But there is such thing as too much money, too many core focuses, and too many leaders democratizing the vast opportunities ahead of them.
