With so many operators, do you really feel the heat of competition in flexible workspaces?
Replied byKaran Virwani
MD & CEO, WeWork India at WeWork India
Niche: Retail, Technology
Revenue: $1M+/month
Location: India
Started: 2017
Competition is definitely heating up. There are hundreds of operators, and some are now listed, so they have access to capital. Our response is to separate ourselves on quality of product, quality of service, technology, and network effects. At similar or even smaller square footage, our revenue and profitability are much higher, which gives us comfort.
0
From the Full Interview
This answer is part of a full interview with Karan Virwani, MD & CEO, WeWork India at WeWork India.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Karan Virwani's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
Why are safety and standards so important?
By Paul Guyett
Retail
$1M+/mo
Did your childhood environment play a role in fostering your entrepreneurial drive?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What inspired you to begin formulating a prebiotic beverage in your kitchen?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What did you learn from the farmers market feedback loops for early flavor testing?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did your experience in the oil and gas industry help prepare you for entrepreneurship?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
Why do you advise early-stage startup founders against opening their own manufacturing facilities?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did you manage the severe financial pressures and risks during the early years?
By Allison Ellsworth
Retail
Approx. $42 Million/mo