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🤨 Is coworking tech pricing backwards?
As Anne-Marie Murphy closes in on her first year at Basworx (and selling software in the coworking Expand 👇 industry), she shared the quiet part out loud.
In short, a lot of software is priced on number of members. But is increasing the price based on marketing, sales and community success the best way to price software?
As Anne-Marie Murphy closes in on her first year at Basworx (and selling software in the coworking Expand 👇 industry), she shared the quiet part out loud.
In short, a lot of software is priced on number of members. But is increasing the price based on marketing, sales and community success the best way to price software?
⛔️ Global tech accelerator advises against coworking spaces
Adrian Johnson, founder of Elyos AI and member of Y Combinator’s 2023 cohort, shared YC’s official Expand 👇 new joiner manual guidance that explicitly discourages startups from using coworking spaces. The accelerator’s manual states YC doesn’t believe in coworking because it already provides community, citing concerns that open coworking spaces are loud and distracting, can overshadow a startup’s internal culture, and often house companies "going through the motions without truly being serious." YC argues the best startups have weird ideas and need private space with closed doors to operate differently from average startups.
The manual specifically mentions WeWork, advising founders who use it to secure enclosed offices rather than hot desks.
Worth noting that YC has backed Commery, Innov8, Deskimo, FlexDesk, AND Tandem, who are all in/around the coworking space, plus 2,700+ B2B startups who sell into or to coworking spaces.
Adrian Johnson, founder of Elyos AI and member of Y Combinator’s 2023 cohort, shared YC’s official Expand 👇 new joiner manual guidance that explicitly discourages startups from using coworking spaces. The accelerator’s manual states YC doesn’t believe in coworking because it already provides community, citing concerns that open coworking spaces are loud and distracting, can overshadow a startup’s internal culture, and often house companies "going through the motions without truly being serious." YC argues the best startups have weird ideas and need private space with closed doors to operate differently from average startups.
The manual specifically mentions WeWork, advising founders who use it to secure enclosed offices rather than hot desks.
Worth noting that YC has backed Commery, Innov8, Deskimo, FlexDesk, AND Tandem, who are all in/around the coworking space, plus 2,700+ B2B startups who sell into or to coworking spaces.
🔑 Does coworking IT have a “golden handcuffs” problem?
Paul Orrock from isofy says the quiet part aloud, digging into "the biggest threat to Expand 👇 profitability and retention". What is the threat? Outdated infrastructure and long-term MSP (Managed Service Provider) agreements quietly holding operators back.
While MSPs usually refer to IT and actual hardware infrastructure, we are seeing a new generation of managed services entering and supporting coworking businesses.
Paul Orrock from isofy says the quiet part aloud, digging into "the biggest threat to Expand 👇 profitability and retention". What is the threat? Outdated infrastructure and long-term MSP (Managed Service Provider) agreements quietly holding operators back.
While MSPs usually refer to IT and actual hardware infrastructure, we are seeing a new generation of managed services entering and supporting coworking businesses.
🛠️ Consultant launches revenue validator tool
David Walker, from CoworkingConsulting.com, has released a revenue validator tool for coworking Expand 👇 space owners to assess their pricing and monetization strategies for generating test benchmark reports. This was inspired by his understanding in shifting from building tools in isolation to developing in community, using AI coding to create solutions previously out of reach and seeking feedback on the unpolished but functional tool.
David acknowledges the tool isn’t enterprise-ready but in believing in community testing and iteration rather than spending additional months refining before launch, has shared it publicly. The tool represents an experiment in "building out loud" with the coworking community, requesting input on additions, missing features, and potential bugs.
David Walker, from CoworkingConsulting.com, has released a revenue validator tool for coworking Expand 👇 space owners to assess their pricing and monetization strategies for generating test benchmark reports. This was inspired by his understanding in shifting from building tools in isolation to developing in community, using AI coding to create solutions previously out of reach and seeking feedback on the unpolished but functional tool.
David acknowledges the tool isn’t enterprise-ready but in believing in community testing and iteration rather than spending additional months refining before launch, has shared it publicly. The tool represents an experiment in "building out loud" with the coworking community, requesting input on additions, missing features, and potential bugs.
In this episode of Coworking Out Loud, Cat Johnson explains how competing on price is a race to the Expand 👇 bottom; competing on location only works until someone else comes along with a better location; and how your fabulous space can always be out-fabuloused by someone with deeper pockets. So you need to compete on things others can’t copy.
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