nilay patel

nilay patel @reckless

Here's the thing about WeWork that I just don't understand: it's a real estate company that wants to be valued like a tech company, but it has huge incremental costs, no moat, and no network effect / lock-in if you're a customer. It's the opposite of a tech company? — PolitiTweet.org

nilay patel @reckless

@Austin_Federa But Uber has massive network effects that make every new user valuable to every other user, and all but prevent competition. What's that for WeWork? — PolitiTweet.org