MENU

Tag: co-working


How Adam Neumann, cofounder and CEO of WeWork, organized $20 billion in funding with one meeting
by

How Adam Neumann, cofounder and CEO of WeWork, organized $20 billion in funding with one meeting

"At $20 billion, WeWork is the most valuable startup in America outside Uber and Airbnb. The bet: rather than just building co-working spaces, it's going to change everyone's office experience.

Softbank would invest $3 billion directly into WeWork. Neumann's team would build and manage the offices, and Softbank would handle the local relationships. Valuation: $20 billion. WeWork, which straddles real estate, hospitality and technology, was now worth about the same as hotel operator Hilton Worldwide."

Source: www.forbes.com

Business deals are breaking boundaries too. At the end of their taxicab meeting, Son emailed a photo of their “digital cocktail-napkin contract” to Neumann and their business relationship was sealed.


If office noise is such a problem, why don’t noisy coffee shops, airports, or co-working spaces bother us?
by

If office noise is such a problem, why don’t noisy coffee shops, airports, or co-working spaces bother us?

"The problem may be that, in our offices, we can’t stop ourselves from getting drawn into others’ conversations or from being interrupted while we’re trying to focus. Indeed, the EEG researchers found that face-to-face interactions, conversations, and other disruptions negatively affect the creative process."

Source: hbr.org

This HBR article suggests the problem with noisy offices is more a matter of who's making the noise than how loud it is. Recent brain science suggests just the right amount of noise (i.e. coffee shop level) may enhance creativity.


Coworking industry tracker cites concern over increased competition, overvaluation, and Regus’ plunge in value 
by

Coworking industry tracker cites concern over increased competition, overvaluation, and Regus’ plunge in value 

The coworking industry is getting more competitive. Recent examples include stories about coworking spaces offering of a year's free rent to prospective tenants, reports of coworking spaces spying on competitors and coworking spaces closing down due to growing competition.

Source: www.smallbizlabs.com

Some are questioning the sustainability of co-working with Regus’ reporting a loss of 1/3rd their marketing value, a WSJ article likening WeWork's $20 Billion valuation to "pixie dust," and increased competition traditional office buildings,  libraries, and coffee shops.


Workspace on Demand – Marriott Partners with LiquidSpace – YouTube

Our friends over at LiquidSpace just keep making it easier for teleworkers, mobile workers, and small business owners to quickly find an ad hoc place to work. Their latest move, a partnership with Marriott, promises even more choices when you need a conference room, meeting space, or even just some uninterrupted thinking time. Workspace on Demand – Marriott Partners with LiquidSpace – YouTube.


Page 1 of 212