Uber and WeWork are 'middle of the road' companies, real-estate executive says

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The ride-hailing and coworking startups are 'innovators' but they might not dominate the industries they've transformed.

Uber and WeWork are"innovators" but they might not dominate the industries they've transformed, says an executive at one of the West Coast's biggest real-estate firms. "Every company in the world is not just going to knock it out of the park, right?" A. Robert Paratte said at Kilroy Realty Corporation's investor day this week."Some are going to be middle of the road. And I think that's what you're seeing in the case of these two.

Uber and WeWork are"innovators" but they might not dominate the industries they've transformed, says an executive at one of the West Coast's biggest real-estate firms. "Every company in the world is not just going to knock it out of the park, right?" A. Robert Paratte said at Kilroy Realty Corporation's investor day this week."Some are going to be middle of the road. And I think that's what you're seeing in the case of these two.

 

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