Marc Andreessen is an entrepreneur and investor who co-founded the web browser company Netscape and currently runs one of the most successful venture capital firms in the world, Andreessen Horowitz. Andreessen wrote an essay in The Wall Street Journal titled "Why Software Is Eating the World," which we think should be carefully studied by those of us in the architecture, engineering, and construction (AEC) industry. The AEC industry is about to undergo a revolution, and an understanding of the trends identified by Andreessen could be the most significant competitive advantage an AEC firm can have in the coming years.
WeWork is a company that provides co-working office spaces, along with HR, community events, and a network that mimic a more traditional work environment. WeWork is a fascinating company, and the architecture, engineering, and construction (AEC) industry has a lot to learn from its approach to the design and operations of co-working office spaces. There's a growing trend that describes "buildings as products," and WeWork is at the forefront of that effort. As proof of both its penetration into the market and its potential, WeWork, valued at over $16 billion, is the only AEC tech startup that qualifies as a unicorn. Below are three characteristics of WeWork that we think are important to understand: