Tag: daily_digest

Soon after news that IWG was in talks with franchise buyers in Singapore, the company has revealed will expand its network in Hong Kong through cluster franchising.

After WeWork made the decision to delay its IPO, reports have been swirling that the firm’s board members and SoftBank are in favor of removing Adam Neumann as CEO.

WeWork’s delayed IPO intended to take place this month was met with great criticism as revelations of the firm’s finances and unnerving corporate structure came to light.

Amy Nelson, CEO of female-oriented coworking space The Riveter, is finding new ways to make her company inclusive to women from all corners of life, especially mothers.

Although WeWork is having a tough moment after delaying its IPO, its competitors like Knotel and IWG are thriving through their own unique flexible office space models.

WeWork’s competitors are offering insight into how its delayed IPO impacts the rest of the industry by highlighting the differences between their model and WeWork’s.

WeWork’s rocky path to an IPO has caused wavering confidence in the coworking model, but entrepreneurs and remote workers can still benefit from these flexible offices.

SoftBank’s CEO Masayoshi Son has pledged 38% of his stake as collateral for person loans, proving that he is just as confident as ever despite the firm’s shares falling.

IWG plans to double its network in India through its Regus and Spaces brands by 2022 across Tier II cities using its franchising model, organic growth and acquisition.

As news of WeWork’s delayed IPO makes the rounds, the question of why WeWork and other unicorns are experiencing disappointing public listings has come to the forefront.