WeWork Controversy- Startup Thinknum Removed After Negative Blogpost
WeWork Cos, the office-space sharing start-up with an estimated $16 billion valuation evicted one of its tenants which wrote and take down a negative blog on medium that suggests members leave has surged in recent months.
The posting on Tuesday by Justin Zhen, whose data analytics firm Thinknum operates out of a WeWork site on 42nd Street in Manhattan, also said that member engagement on WeWork's social networking platform is surprisingly low.
The platform is seen inside the company as a key tool for creating a sense of community at WeWork locations. The company sees its fortunes tied to the premise that the entrepreneurs and young urban workers populating its workspaces will form lasting communities in part by being active on the network.
Zhen's analysis said WeWork's historical churn ...