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The WeWork Irvine pitch deck that made me stop chasing office space
Saw a founder pitch at the Irvine tech meetup last month. He talked about his $8,000 a month WeWork lease. Said it was for 'credibility' with investors. I almost bought into that same trap back in March. My garage office costs zero rent and I close deals just fine. Has anyone else skipped the fancy office and felt weird about it?
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finleycooper3mo ago
And my buddy actually rented a WeWork for six months and it messed with his head. He spent more time worrying about who saw him at the cold brew machine than actually building his product. He dropped the lease, moved back to his spare room, and that's when his growth finally took off.
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harper_wright4mo ago
Bro honestly your garage is a power move. I've seen too many startups burn cash on a fancy address just to impress randos at demo days. Investors care about your numbers and your product, not your mid century modern furniture. If your garage closes deals then you're already ahead of half the WeWork crowd. Save that $8k for actual growth instead of rent.
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fisher.charlie4mo ago
Totally agree with @harper_wright on this. I ran my first startup out of my bedroom for 18 months and it forced us to be lean and scrappy in a way that paid off later when we finally did get office space. The lack of a fancy address actually made us work harder on building real relationships instead of coasting on the place we worked from. Investors only started caring about our setup once we had traction, not before.
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