Fax makers didn't lose to one competitor. They lost to an ecosystem that collectively made the fax irrelevant. That's the same dynamic playing out with traditional office leases right now. The replacement isn't coworking — it's a spectrum of options that renders the 7-year NNN lease as the thing you maybe still offer, but definitely not the thing you lead with.

Modern coworking spaces do so much more for a company than just saving a few bucks.