Preston Pesek from NatML

16/07/2024 46 min

Listen "Preston Pesek from NatML"

Episode Synopsis

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