At the “Debunking Coworking Myths” event hosted by Knotel and the Real Estate Board of New York, Knotel co-founder Amol Sarva said he believes that the coworking revolution will continue.
Sarva also said that flex office space would grow to take up 30% of the market by 2030.
Knotel differentiates itself from the rest of the sector by targeting larger enterprises who may not have had the chance to reap the benefits of coworking.
“Our goal at Knotel is not to build spaces for three-person companies, but rather enterprises,” said Sarva. “Most people don’t work for small startups that are three people — if that startup was successful, they wouldn’t be small — so most people don’t benefit from coworking. The majority of the workforce is employed by large companies.”
The company recently revealed the completion of a Series C funding round that brought the company to unicorn status, with a valuation of $1.3 billion. Knotel also has plans to further expand worldwide, including cities like Sao Paulo and Paris.