We Co. Chief Executive Adam Neumann likes to say that office space is for WeWork what books were for Amazon.com Inc. —just the beginning. His vision spans schools, gyms and retail. He even boasted that his rental-apartment venture WeLive would become bigger than WeWork. That vision remains far off. After investing hundreds of millions of […]
WeWork Wants to Be More Than Office Space. It Hasn’t Had Much Success. Read More »
For all you killjoys and Cassandras looking for the apocalyptic end to Silicon Valley’s “unicorn” craze, WeWork is beginning to look like a godsend. Until recently, the company looked like the most glittering unicorn in the high-tech herd since the heyday of Uber, with a private market valuation of $47 billion. That might seem strange
Column: WeWork carries Silicon Valley’s ‘unicorn’ craze to its absurd limits Read More »
(Reuters) – WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation it can achieve in a listing, people familiar with the matter said on Friday. FILE PHOTO: The WeWork logo is displayed on the entrance of
Exclusive: WeWork to press on with IPO launch despite valuation concerns – sources Read More »
WeWork took a key step toward its much-hyped initial public offering last month, revealing to regulators the makeup of its board. But the fast-growing New York start-up, which leases shared office space, immediately came under fire from critics who noted that the board roster failed to include a single woman. Now, the company says it
Facing backlash for its all-male board, WeWork adds Frances Frei Read More »
“The We Company’s business model effectively is pretty simple,” says EquityZen CEO Atish Davda. “It leases buildings and then rents it out in smaller pieces. That’s not a new business model, that’s a real estate company. What’s new about The We Company is that it’s pitching itself as a technology firm. The way it says
In social terms, WeWork — recently renamed the We Company — is one of the modern world’s least controversial high-flying private startups. Centered on the idea of providing flexible workspaces to individuals and small groups, the company has none of the myriad regulatory issues afflicting an Uber or an Airbnb. But purely considered as an
“We open 15 to 20 buildings a month,” says WeWork CTO Shiva Rajaraman. “Anything we can use to automate or augment a person through machine learning we’re taking all that data in one central place and starting to create an engine around that. That’s key to successful scaling today. When we think about enterprise we
How WeWork is Using Technology to Revolutionize Office Space Worldwide Read More »
WeWork announced today that it is buying Conductor. Conductor CEO Seth Besmertnik believes this is a “huge win for the entire industry.” I spoke to him to get a better sense of how the companies fit together and how WeWork might deploy Conductor’s services and capabilities for its customers, which it calls “members.” Besmertnik spoke
Conductor will help WeWork offer ‘holistic’ proposition to enterprise customers Read More »
The best companies build a community around their products, their services, or their company mission. They create a feverish fan base who takes it upon themselves to work hard spreading the word about how legit the company is. Patagonia, Warby Parker, Allbirds, Kickstarter, ShopKeep, and Voray, to name a few. It’s what every founder dreams
Why WeWork and Meetup Are a Perfect Match–and What Other Companies Can Learn From Them Read More »
