Traditional coworking emerged as a potential solution to the loneliness of remote work. However, it has proven ineffective, lacking flexibility and community aspects that are necessary to inspiring connection.
More specifically, traditional coworking is expensive. In fact, it costs $200 to $700 per desk to support an individual participant of traditional coworking. Coworking businesses are also tied up in potentially high risk real estate investment deals. These deals often fall through, with only 46% of coworking spaces making a profit. This prohibits traditional coworking models from succeeding economically.
Additionally, traditional coworking models are often boring and don’t actually increase connection.
