Hot on the heels of a $ 400 m funding round , Amol Sarva , CEO of flexible office provider Knotel , said WeWork was pursuing the wrong strategy . He questioned the value of the office space giant, which has lost more than $900bn this year alone, saying it could go public at "easily half Sarva compared the co - workspace provider to eBay and Myspace , saying that despite being early to the market , WeWork would fail to capitalise on it , highlighting that eBay was worth twice as much as Google in 2005 but lost ground fast by focusing on wackier things . WeWork are massively over - indexed to small teams and freelancers , for all their diversity and millions of dollars of investment , less than half of WeWork ’s customers are corporate clients , despite 80 % of the office market being enterprise he said .
Hot on the heels of a $ 400 m funding round , Amol Sarva , CEO of flexible office provider Knotel , said WeWork was pursuing the wrong strategy . Sarva compared the co - workspace provider to eBay and Myspace , saying that despite being early to the market , WeWork would fail to capitalise on it , highlighting that eBay was worth twice as much as Google in 2005 but lost ground fast by focusing on wackier things . WeWork are massively over - indexed to small teams and freelancers , for all their diversity and millions of dollars of investment , less than half of WeWork ’s customers are corporate clients , despite 80 % of the office market being enterprise he said .