Tag Archives: wework

Weeks Before It Goes Public, WeWork Sales Hit Monthly High For 2021

WeWork reported that the company hit its highest monthly sales of 2021 in September. The news comes as WeWork finalizes its plans to go public via a $9 billion merger with BowX Acquisition Corp.

October 8, 2021

WeWork Valuation Defies Belief When Compared To IWG

WeWork’s Valuation “Defies Belief” When Compared to Regus Parent, IWG

Jonathan Price argues that IWG is uniquely positioned to reap the benefits of the post-COVID world. He argues that either IWG is worth more than $9 billion or WeWork is worth less than $4.6 billion, or at least one of those valuations is wrong.

October 5, 2021

Two Years After Its Failed IPO, WeWork Will (Finally) Go Public

Two years after its failed IPO under then CEO, Adam Neumann, WeWork is finally set to go public. The company is due to begin trading in late October, 2021, on the New York Stock Exchange.

September 21, 2021

Cushman & Wakefield To Invest Up To $150 Million In WeWork

CRE services companies are increasingly investing in flexible workspace companies as they realize flexible space solutions are a key component of the future of work. Cushman & Wakefield is the latest to do so, having disclosed plans to invest up to $150 million in the upcoming WeWork and BowX Acquisition merger.

August 10, 2021

When Will Private Equity Wake Up?

After fresh rumours of a possible bid for IWG by a US private equity firm, Jonathan Price explores why the flexible workspace giant hasn’t been snapped up – despite its scale and profitability.

July 19, 2021

In The Loop: WeWork India Lands New Corporate Client; Deskimo; And Venture X

WeWork India signed 3M as a new corporate client; Deskimo launches in Hong Kong and Singapore; and Venture X partners with Vari.

July 17, 2021

In The Loop: WeWork; Desana Raises $4 Million; And More Industry News

WeWork lands a corporate client in Singapore; Desana raises funds to power its expansion; and an NYC restaurant turns to coworking to increase profits.

July 3, 2021

In The Loop: WeWork Reports Record Sales; Expansive Grows Its Portfolio; And IBM Embraces Flex Space

This week’s top stories: WeWork reports record sales since IPO attempt; IBM to move Toronto workers into flexible workspace; and Expansive grows its portfolio.

June 26, 2021

The Greatest Ever Reward For Failure In Business History

Jonathan Price reflects on “the greatest ever reward for failure”, a sum of $1.2 billion, which was paid out to WeWork’s founder, Adam Neumann. Why is there a reluctance in big business to make executives pay for their failure? And why didn’t Softbank resist such a big payoff?

June 24, 2021

In The Loop: The Wing’s Latest Member Perk; TEC Expansion; And WeWork

This week’s in the loop features stories from The Wing, WeWork, and The Executive Centre.

June 19, 2021

In The Loop: Industrious Buys Breather; The Wing Reopens; And More Industry News

This week’s top stories: Industrious to purchase Breather assets; Neumann’s exit package gets a million times better; and The Wing reopens NYC locations.

May 29, 2021

What Is A SPAC And How Can I Benefit From Using One?

WeWork’s recent SPAC announcement begs the question, what is a SPAC and what are the benefits of using one? Jonathan Price, investment expert for the flexible space industry, explores the role of a Special Purpose Acquisition Company and how it can help companies go public.

May 25, 2021