Monzo inks deal for larger London HQ

They’ll need a new funding round soon.

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Do they have any strategic planning?

Why do you ask ? :thinking:

Because this will be the third move in almost as many years. What is saved in rent is probably lost in relocation expenses.

It maybe something to do with being a bigger company…?

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Person who put forth the question seems to have no experience in running a company. Why would you over-book and rent a space with more capacity than you need?

Plenty of other arguments about how Coral is having issues, but having to expand and move to a larger workspace is not one of them.

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If you know you’ll need the space you might. Granted it very much depends on your needs and when you expect to expand.