WeWork to close 40 locations across US amid otherwise promising Q3

The co-working space lost $568 million in Q3, an improvement from the same period last year when it lost $802 million, according to earnings on Thursday. Its revenue hovered at $817 million, a 24 percent lift from 2021. Continue reading

Venture capital firm behind Airbnb and Flow is now a landlord

As part of making its largest investment ever in WeWork founder’s new real estate empire, Andreessen Horowitz obtained a share in thousands of apartment units, reports say. Continue reading

What do we know about Adam Neumann’s new housing venture?

From renters building equity to coworking space to easy moves across the country, we take a look at some of the possibilities for Flow after the WeWork co-founder pulled in a $350M check. Continue reading

Flexible living startup Landing nabs $125M funding round

The Series C funding round comes amid a spurt of aggressive growth from the company, which claims to have seen its membership increase 380 percent over the past year. Continue reading

Adam Neumann’s post-WeWork residential venture raises $350M

Flow, the WeWork founder’s fledging startup, has received an investment of approximately $350 million from venture capital firm Andreessen Horowitz and has already earned a $1 billion valuation. Continue reading

WeWork finally goes public, stock jumps on 1st day of trading

At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering. Continue reading

After failing to go public in 2019, WeWork set to try again via SPAC

The SPAC merger will reportedly value the combined company at $9 billion, far below the $47 billion it was valued at two years ago. Continue reading

WeWork struggles to strike deal with landlords to reduce rent costs

As the COVID-19 pandemic causes cancellations to spike, WeWork CEO Sandeep Mathrani is pitching a revenue-sharing deal to the company’s largest landlords. Continue reading

SoftBank may pull out of pledge to buy $3B in shares of WeWork

The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading