The Hard Part with Evan McCann

Preston Pesek from NatML


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Preston Pesek is the Chief Strategy Officer at NatML, previously he was the Co-Founder and CEO of Spacious which was acquired by WeWork.


Takeaways

  • Preston's time at SL Green and Fortress Investment Group.
  • Spacious was a capital-light coworking space that activated underutilized restaurant spaces.
  • Spacious had a different supply-side model compared to WeWork.
  • The acquisition of Spacious by WeWork, which was Adam Neumann's last acquisition.
  • How a successful exit has changed Preston's views on building.
  • How his new venture runs successfully on remote work.
  • Why Preston chose to move to Vancouver from NYC.
  • His interest in AI.

  • Chapters

    00:00 From Traditional Employment to Startup: The Journey in Real Estate

    05:10 Building Spacious: Insights from Real Estate Finance and Capital Markets

    09:47 The Acquisition of Spacious: Lessons Learned

    12:34 The WeWork Model and the Demand for Remote Work

    15:45 Inspiration and Acquisition

    24:45 The Move to Vancouver and Current Work

    24:55 Navigating Risks as a CEO and Decision to Move to Canada

    26:18 Canada: A Hub for Engineering Talent

    26:44 The Disruptive Power of AI

    30:41 Building Community in Remote Teams

    42:27 Strategies for Dealing with Hard Times as a Founder

    46:06 Journey of an Entrepreneur


    Keywords

    Preston Pesek, Spacious, real estate, coworking, WeWork, acquisition, remote work, office market, remote work, Spacious, Vancouver, engineering talent, AI, disruption, balance, stress

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    The Hard Part with Evan McCannBy Evan McCann