KILL
You've reinvented the sublet, sprayed it with kombucha, and asked to be priced like a SaaS company — this is a landlord in a hoodie carrying long-term leases and short-term tenants straight into the fire.
Lease whole office buildings, add beer and neon, sublease desks to startups monthly, and claim a tech multiple for 'elevating the world's consciousness.'
The reasoning
Why it dies
The math is the executioner. You sign decade-long fixed leases and rent them out month-to-month — so the first downturn, your tenants vanish and your obligations don't, and you're bleeding rent on empty floors full of unpaid-for neon. There is no technology here; 'elevating the world's consciousness' is what people say when the spreadsheet doesn't work. WeWork already ran this exact experiment in front of the entire planet and detonated a $47B valuation into a bankruptcy — you're not early, you're the sequel nobody greenlit. And the moat is a security deposit: any building owner can add couches and cut you out entirely.
What would save it
Stop pretending real estate arbitrage is software. If you want a business, own the buildings or sign revenue-share deals so your costs flex with occupancy instead of guaranteeing your own bankruptcy — and price yourself as the property operator you actually are, not a fictional tech company. The only defensible version is a genuine software or services layer that landlords pay for, with zero lease risk on your books.