Tag Archives: finance

WeWork Finally Goes Public?

WeWork Finally Goes Public?

WeWork is one of the latest businesses to “jump on the SPAC bandwagon”. Jonathan Price explains how SPACs work and what this new merger with BowX means for WeWork.

April 19, 2021

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New CEO, Same Old Tricks: The Problem With WeWork’s Offers

As WeWork once again attempts to poach clients from rival operators, it hints that WeWork could be having trouble filling space — and warns of potentially more aggressive pricing strategies to come.

March 12, 2021

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Why IWG Is Undervalued

IWG has long been undervalued, but this could be about to change, says industry investment expert Jonathan Price. Here, Price analyses the company’s long-term franchise strategy and “war chest” of capital, and why it could be in line for a significant re-rating.

February 9, 2021

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Knotel Files For Chapter 11 Bankruptcy

Despite recent fundraising, Knotel has filed for chapter 11 bankruptcy. Newmark Group Inc. is set to take over the company and provide $20 million in debtor-in-possession financing.

February 2, 2021

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How To Accept Bitcoin At Your Workspace (And Whether It’s A Terrible Idea Or Not)

Workspaces could easily accept Bitcoin and other cryptocurrency payments using third-party providers, but is it worth it? Tech writer Gemma Church speaks to crypto experts to explore the pros and cons.

January 25, 2021

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Serendipity Labs, Inc. Optimistic About Emerging From Chapter 11, Continues To Operate And Expand

Serendipity Labs recently undertook Chapter 11 proceedings. In an interview with Allwork.Space, CEO John Arenas explains why the company is pursuing this method of debt restructuring, and what they plan to achieve in 2021.

December 21, 2020

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Why Is IWG Borrowing To Expand In The Middle Of A Pandemic?

IWG plc has launched a major bond issue to finance expansion, demonstrating confidence in the long term demand for flexible space. Jonathan Price discusses the company’s expansion plans, which includes acquisitions in multiple locations including the UK and “other potential deals in Europe, Asia and the US.”

December 8, 2020

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Serendipity Labs, A Major Brand In Coworking, Has Filed For Bankruptcy

Serendipity Labs, Inc. is moving forward with bankruptcy proceedings, according to a recent Atlanta court filing. Statements from the bankruptcy filing suggest the pandemic caused a drop in revenue and lack of interest from investors.

December 7, 2020

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Funding A Coworking Space: A Founder’s Perspective

Highlights from a panel at Coworking Europe, during which co-founder Thom Wenke spoke about his experiences gaining funding for three coworking spaces. From private loans to seed funding, Thom explained the various methods he came across and the pros and cons of each.

November 27, 2020

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The Value Of Financial Wellness: A Q&A With HealthKick’s Founder, Erika Zauner

Two out of three employees are feeling more stressed than before the pandemic; much of this anxiety comes from financial concerns. Allwork.Space spoke to Erika Zauner, founder of HealthKick, to understand how organizations can provide financial support for their employees, and why they should.

November 11, 2020

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Do You Feel Financially Well? Employers Are Investing In Holistic Programs To Improve Financial Wellness

Although financial wellness has declined in recent months, employers are offering holistic financial wellness programs for the benefit of their workers. Why? Because employers recognize that financial wellness has a direct impact on their employees’ overall happiness, which leads to better productivity.

September 30, 2020

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COVID-19: “Don’t Rush Into A Rent Holiday” Advises Industry Expert, GKRE

Will Kinnear, Director at GKRE, offers guidance to flexible workspaces facing operational challenges during COVID-19. Instead of rushing to landlords and asking for a rent holiday, operators should fully understand how their business is going to be affected over the next few months.

March 30, 2020

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COVID-19: How To Have The Right Conversation With Your Landlord

Many flexible space operators are now in conversation with their landlords to try and reduce costs over the next few months. In a webinar hosted by GCUC, Giovanni Palavicini, a real estate strategist, shared insights on how flexible workspace operators can approach their landlords.

March 26, 2020

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Is It Possible To Achieve Financial Stability Through Workplace Wellness Programs?

Financial wellness means being stress free and achieving financial stability. With 1 in 4 employees believing their workplace should offer support for financial matters, it’s time more companies started offering a cohesive and holistic financial wellness program for their workforce.

November 25, 2019

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Magical Thinking And Unicorns: The Irrationality Of Thriving In A Recession

Following the former WeWork CEO’s decision to step down, it’s clear that Adam Neumann’s mission to raise the world’s consciousness hasn’t yet reached its fairytale ending. This comes amid growing evidence that a recession is coming as soon as next year. How will this affect the supply-and-demand dynamics of the flexible office market?

September 26, 2019

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