As I noted in my last blog, there is a difference between the business models of WeWork, Uber, and Lyft. The business models of Uber and Lyft are based on revolutionary innovations where the existing giant competitors would have trouble imitating the new business model without negatively impacting their existing business model. Masa's Folly: How WeWork Differs From Uber And AirbnbForbes Dileep RaoWeWork, on the other hand, is an evolutionary innovation to rent existing space to entrepreneurs and others on flexible and short-term arrangements. So while Uber and Lyft can build a whole new transportation industry based on the gig concept, the WeWork business model is just a part of the existing real estate industry. WeWork investors like SoftBank have an obscure protection worth millions in a devalued IPOCNBC Kate RooneyMasa's Folly: How WeWork Differs From Uber And Airbnb

Source: Forbes October 24, 2019 16:07 UTC