Long WeWork, Short Airbnb?

Long WeWork, Short Airbnb?

Real estate’s two greatest unicorns offer important lessons about the meaning of “tech”, the future of venture investment, and the lasting power of real assets — and real liabilities.  WeWork epitomizes everything people hate about startups. It “reinvented”...
Can ‘We’ Work? Perspectives on WeWork’s IPO

Can ‘We’ Work? Perspectives on WeWork’s IPO

WeWork combines an impressive trajectory with significant risk. Other public companies offer valuable insights about its business model, liabilities, governance, and valuation.  Welcome to the desert of the real. Jean Baudrillard coined the term in 1981 to describe a...
The Unbearable Lightness of Buying Online

The Unbearable Lightness of Buying Online

I tried to buy a book in the real world. In the process, I learned a lesson about the value of physical space. Last Thursday, I needed a certain business book quite urgently and decided to get it from an actual store. But first, I wanted to make sure it would be...
Is Real Estate Ready for a Privacy Scandal?

Is Real Estate Ready for a Privacy Scandal?

Physical spaces are being filled with monitoring devices that create new opportunities and risks for landlords. Physical spaces are full of people — working, socializing, shopping, studying, exercising, and recharging. These spaces are now being filled with new...
Is Coworking Dead?

Is Coworking Dead?

The hottest real estate trend of the past decade is both coming of age and running out of steam + 5 other questions about valuations, coliving, data, and more. It’s been a few weeks since my last piece. To make up for lost time, we’ll explore 6 big questions that...