WeWork is a platform in New York that focuses on providing office space, mail and package handling, conference rooms, weekly events, high-speed internet and community networking to customers. Founded 2010 in New York, United States by Adam Neumann and Miguel McKelvey, it invests in series A, series C, convertible note, series B, grant, seed round and funding round. Its portfolio companies include Landit, The Wing, Hargol™ FoodTech, Victor Tech Inc, Brave Initiatives, Luna Lights, and Wavegarden. As of April 2020, The We Company has made eight investments. Their most recent investment was on February 26, 2019, when Landit raised $13M.
Timeline
May 14, 2020
WeWork reports improved free cash flow in first quarter.
February 20, 2020
WeWork announced a new COO in its first major hire under new CEO.
February 1, 2020
WeWork parent company names real estate veteran, Sandeep Mathrani, as their new CEO.
October 14, 2019
WeWork announces it prefers the option of a near $5 billion financing package led by JPMorgan Chase & Co to selling a controlling stake to Japan's SoftBank Group Corp.
October 10, 2019
WeWork announces it is set to open two new locations in Singapore in 2019.
October 3, 2019
WeWork announces layoffs to staff.
September 30, 2019
WeWork's new leaders formally suspends a planned stock market.
September 24, 2019
WeWork announces that Adam Neumann will step down as CEO.
September 13, 2019
Reports indicate that WeWork is seeking a valuation between $10 and $12 billion in its IPO.
August 14, 2019
WeWork, now known as The We Company, released its IPO prospectus Wednesday morning months after filing confidentially to go public.
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Funded Companies
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People
Name
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LinkedIn
Adam Neumann
Co-Founder
Miguel McKelvey
Co-Founder
Rebekah Neumann
Co-Founder
Further reading
Title
Author
Link
Type
Date
Documentaries, videos and podcasts
Title
Date
Link
WeCrashed: In the Beginning There Was Adam...
29th January, 2020
WeCrashed: Thank God It's Monday
4th February, 2020
WeCrashed: The IPO
19th February, 2020
WeCrashed: Think Crazy
12th February, 2020
WeCrashed: Two Tall Guys From A Commune
29th January, 2020
Companies
Company
CEO
Location
Products/Services
News
Title
Author
Date
Publisher
Description
Rob Davies
January 6, 2021
the Guardian
In the short term, WeWork will cut costs by delaying the opening of new offices. Photograph: Simon Newman/Reuters
Alex Nicoll
January 5, 2021
Business Insider
The property tech sector may see growth like the "fintech" space saw after the 2008 financial crisis, according to a prominent venture capitalist.
Meghan Morris
January 2, 2021
Business Insider
Big funding and explosive sales growth didn't translate into a path to profits. Startups that burned through cash are now facing a reckoning.
Walter Thompson
December 21, 2020
TechCrunch
Unlike unicorn companies, zebras are lean, efficient and consistent.
Mark Stenberg, Jennifer Ortakales Dawkins, Dominick Reuter and Emily Canal
December 11, 2020
Business Insider
These paydays include billions of dollars for companies in finance, real estate, and transportation, as well as millions for a hot ecommerce site.
Emily Graffeo
December 10, 2020
markets.businessinsider.com
Reuters/Issei Kato David Gibson of Astris Advisory Japan told CNBC on Thursday Softbank will reap a roughly $10 billion profit from its invest...
Mercato
December 9, 2020
www.prnewswire.com:443
/PRNewswire/ -- Mercato, the eCommerce platform for independently owned grocery and specialty food stores, announced today that it has hired Emily Keeton to be...
Martin Daks
December 7, 2020
Business Insider
An initial public offering (IPO) marks a private company's debut on a stock exchange and its issuance of publicly traded stock.
Katie Bishop
December 3, 2020
Business Insider
From friendship-forging service Bumble BFF to AI chatbot Replika, there's growing opportunity for businesses to address the loneliness crisis.
Shana Lebowitz
November 24, 2020
Business Insider
Scott Galloway, who foretold Amazon's acquisition of Whole Foods, is out with a new book about post-pandemic business opportunities -- and crises.
Lightbox
November 18, 2020
www.prnewswire.com:443
/PRNewswire/ -- Lightbox OOH Video Network, a leading digital out-of-home media company, today announced the launch of a managed service partnership with...
Mary Meisenzahl
November 17, 2020
Business Insider
SoftBank reportedly invested over $18 billion in WeWork, the coworking startup that in 2019 ousted founder and CEO Adam Neumann after its failed IPO.
November 11, 2020
Harvard Business Review
What we can learn from WeWork about building diverse, equitable, and inclusive company cultures.
Kirsten Korosec
November 9, 2020
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. What.A.Week. Shall we [...]
Takahiko Hyuga
November 8, 2020
Bloomberg.com
As Softbank Group Corp. tries to rebuild its reputation as a startup investor, the Japanese conglomerate will be able to point to several recent successes, including an obscure Chinese property startup that pulled off a blockbuster initial public offering.
Takahiko Hyuga
November 9, 2020
DealStreetAsia
SoftBank has engineered a comeback this year after missteps with startups like WeWork.
Shira Ovide
November 6, 2020
www.nytimes.com
This year has shown that technology can be both essential and irrelevant.
Business Insider
November 6, 2020
Business Insider
Read the latest commercial real-estate news and analysis on WeWork, Knotel, data-center deals, ghost kitchens, and retail space.
Tina Reed
September 3, 2020
FierceHealthcare
Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the good news--or the bad--from your shop, and we will feature it here at the end of each week.
Connie Loizos
September 1, 2020
TechCrunch
This one is unusual: Laird Superfood, a five-year-old, 100-person, Sisters, Ore.-based startup that was cofounded by famed surfer Laird Hamilton and which makes plant-based packaged beverage products, filed today to raise up to $40 million in an IPO. We'd reported on this company early last year in large part because it had attracted backing from [...]
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References
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Company attributes
Industry
Location
Company status
Active
Crunchbase
Pitchbook
Legal name
WeWork Companies Inc.
Founded date
2010
Total funding amount (USD)
5,160,000,000
Latest funding round date
August 2017
Venture Capital Firm attributes
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