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>1) Difficult/unpredictable/uncontrollable customer retention

I don't think this is the case in a lot of WeWorks anymore, i work in a WeWork and the majority of companies are now bigger corporates.

Goldman Sachs just took 2 floors in the WeWork next to us.

It's actually quite hard to find a largeish Co-Working space in London as it moves so quickly and so much space is being taken by corporates buying entire floors.

One WeWork in London (125 Shaftesbury Avenue) even "closed" to the public as Facebook leased out the entire facility.

As far as I can tell, WeWork is not really a coworking business. It's a large-scale office space leasing business that uses coworking as advertising.

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