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WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

WeWork CEO Adam Neumann has reportedly cashed out of over 0 million ahead of its IPO Adam Neumann, the co-founder and chief executive of the international real estate co-working startup, WeWork, has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and […]

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Norrsken opens East Africa startup fund and hub in Kigali

Norrsken opens East Africa startup fund and hub in Kigali Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation—a coworking space and investment fund based in Stockholm—opened its tech fund and entrepreneurship hub in Rwanda today to support ventures across the region. Norrsken’s Kigali center is […]

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Canopy’s upscale co-working business adds a new location in SF on the heels of strategic funding

Canopy’s upscale co-working business adds a new location in SF on the heels of strategic funding Canopy, an upscale, profitable developer of co-working spaces, has expanded its footprint in San Francisco to a third location on the heels of a strategic financing round. Co-founded by the product designer Yves Behar; the second […]

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Remote workers and nomads represent the next tech hub

Remote workers and nomads represent the next tech hub Amid calls for a dozen different global cities to replace Silicon Valley — Austin, Beijing, London, New York — nobody has yet nominated “nowhere.” But it’s now a possibility. There are two trends to unpack here. The first is startups that are fully, […]

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WeWork Labs is launching a food tech accelerator

WeWork Labs is launching a food tech accelerator WeWork Labs, the coworking giant’s startup program that relaunched just over a year ago, is announcing a new initiative focused on food and agriculture startups — WeWork Food Labs. Roee Adler, the global head of WeWork Labs, told me that there will be two […]

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WeWork confirms it has laid off 300 employees

WeWork confirms it has laid off 300 employees Co-working juggernaut WeWork (now known as the We Company) has laid off 3 percent of its global workforce, or roughly 300 employees, the company told TechCrunch. The heavily funded business, most recently valued at a whopping $47 billion, employs 10,000 people around the world. […]

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On-demand workspace platform Breather taps new CEO

On-demand workspace platform Breather taps new CEO Breather’s new CEO Bryan Murphy / Breather Press Kit Breather, the platform that provides on-demand private workspace, announced today that it has appointed Bryan Murphy as its new CEO. Before joining Breather, Murphy was the founder and President of direct-to-consumer mattress startup, Tomorrow Sleep. Prior […]

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The limits of coworking

The limits of coworking It feels like there’s a WeWork on every street nowadays. Take a walk through midtown Manhattan (please don’t actually) and it might even seem like there are more WeWorks than office buildings. Consider this an ongoing discussion about Urban Tech, its intersection with regulation, issues of public service, […]

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WeWork is getting serious about China

WeWork is getting serious about China Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five […]

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WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation

WeWork China rival Ucommune raises .5M more at a .8B valuation Barely weeks after WeWork China raised $500 million, one of its main rivals is refueling its tanks too. Ucommune — the company formerly known as UrWork until a WeWork lawsuit forced a rebrand — announced its $43.5 million Series C round. Beijing-based […]

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