Co-working is Watch Good Girls Bad Girls (1984)a multi-multi-multi-billion-dollar business, evidently.
WeWork, the company behind co-working spaces throughout the world, just raised $4.4 billion—yes, billion—in a funding round from SoftBank.
WeWork launched in 2010 and is one of the biggest private tech companies in the world. Critics, however, question whether co-working is really worth $20 billion. The company rents out office spaces around the world and then re-rents it to small startups or freelancers who don't have or want their own offices.
Before this massive funding round, WeWork had raised $1.4 billion. Rumors that WeWork could bring on this much funding started spreading in February.
SEE ALSO: 5 ways to flourish in the freelance economy with Natalie ZfatThe investment is made up of $3 billion toward WeWork's parent company and another $1.4 billion in local WeWork businesses in China, Japan, and Southeast Asia and Korea, part of which was previously announced. It's from SoftBank, a Japanese telecom giant, and SoftBank's Vision Fund.
“This support from SoftBank and the Vision Fund will provide even more opportunities for creators as we set out to humanize the way people work and live," WeWork CEO Adam Neumann said in a statement.
Right now, WeWork has 150,000 members in 16 countries. With $4.4 billion behind it, those numbers will probably grow pretty soon.
(Editor: {typename type="name"/})
Commissioning Misleading Core i9
Staff Picks: Mothers, Grandmothers, and Gardens by The Paris Review
Ring around the Archive by Christopher Notarnicola
Diving into the Text by Emilio Fraia
SpaceX's Starlink will provide free satellite internet to families in Texas school district
Staff Picks: Jungles, Journeys, and Jealousy by The Paris Review
The Momentum of Living: An Interview with Clare Sestanovich by Elinor Hitt
Ladies of the Good Dead by Aisha Sabatini Sloan
Best Apple deal: Save $19 on AirTag 4
America’s Dead Souls by Molly McGhee
Best Sony headphones deal: Over $100 off Sony XM5 headphones
In the Gaps: An Interview with Keith Ridgway by Christopher Notarnicola
接受PR>=1、BR>=1,流量相当,内容相关类链接。