Category Archives: WeWork

VCs bet $12M on Troops, a Slackbot for sales teams

Slack wants to be the new operating system for teams, something it has made clear on more than one occasion, including in its recent S-1 filing. To accomplish that goal, it put together an in-house $80 million venture fund in 2015 to invest in third-party developers building on top of its platform. Weeks ahead of its direct listing on The New York Stock Exchange, it continues to put that money to work. Troops is the latest to land additional capital from the enterprise giant. The New York-based […]

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Should your company move into a co-working space, sublease space or traditional office?

Sam Einhorn Contributor Sam Einhorn is a REBNY-award-nominated Director with the commercial real estate services firm Colliers International. He specializes in office leasing, renewals and expansion for high-growth technology companies. He can be reached at (212) 716-3679 or at sam.einhorn@colliers.com It’s a cautionary tale we hear far too often: Company A, hiring staff and growing rapidly, finalized a 10-year lease for office space. One week after move-in they had filled their space to the brim, with engineers sitting on top of sales staff, interns working in the […]

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Market map: the 200+ innovative startups transforming affordable housing

Daniel Wu Contributor Dan Wu is a privacy counsel and legal engineer at Immuta. He holds a JD from Harvard University, and is a PhD candidate for Social Policy and Sociology at The Harvard Kennedy School. More posts by this contributor Innovations in inclusive housing How to save the third wave of technology from itself In this section of my exploration into innovation in inclusive housing, I am digging into the 200+ companies impacting the key phases of developing and managing housing. Innovations have reduced costs in the […]

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Startups Weekly: Will the Seattle tech scene ever reach its full potential?

Greetings from Seattle, the land of Amazon, Microsoft, two of the world’s richest men and some startups. I’m always surprised the Seattle startup ecosystem hasn’t grown to compete with the likes of Silicon Valley — or at least Boston and New York City — since the dot-com boom. Today, it’s the strongest it’s has been due to the successes of companies like the newly minted unicorn Outreach, trucking business Convoy and, of course, the dog walking startup Rover. But the city still lags behind, failing to adopt […]

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Unshackled Ventures has $20M to invest exclusively in immigrant founders

Unshackled Ventures isn’t like other venture capital funds. The firm invests in immigrant founders and helps them secure visas so they can ditch their corporate job and launch the startup of their dreams. Today, Unshackled is announcing its sophomore fund of $20 million, topping its debut effort by $15.5 million. “The point is to take the burden off of founders because they are not immigration experts, they are experts at building satellites or extracting protein from plants,” Unshackled founding partner Nitin Pachisia told TechCrunch. “These are people […]

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What we want to know in the We Company (WeWork) S-1

With news that the We Company (formerly known as WeWork) has officially filed to go public confidentially with the SEC today, there’s a big question on everyone’s mind: Is this the next massive startup win or a house of cards waiting to be toppled by the glare of the public markets? No company I follow has as much polarized opinion as the We Company. And while the company will have to reveal at least some of its hand in its official S-1, my guess is that the polarization […]

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WeWork files confidentially for IPO

WeWork, the co-working giant now known as The We Company, has submitted confidential documents to the U.S. Securities and Exchange Commission for an initial public offering, the company confirmed in a press release Monday. According to The New York Times, the business initially filed IPO paperwork in December. WeWork, valued at $47 billion in January, has raised $8.4 billion in a combination of debt and equity funding since it was founded by Adam Neumann and Miguel McKelvey in 2010. WeWork is among several tech unicorns with hundreds […]

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Managed By Q launches a new task management feature for office managers

Managed By Q, the office management platform recently acquired by WeWork, has today announced the launch of Task Management. The feature comes to Managed By Q by way of Hivy, a startup acquired by MBQ back in 2017, that focuses on connecting a company’s employees to the office manager that handles their requests. Pre-Hivy, collecting requests and tracking projects across a large number of employees was a tedious, fragmented process. Hivy created a dashboard that organizes all those requests in a single place. Since the acquisition, Managed […]

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The Wing poaches Snap’s comms director

Women-focused co-working space The Wing has hired Rachel Racusen as vice president of communications. Racusen has been the director of communications at Snap, the developer of Snapchat, since late 2016. Racusen’s exit represents the latest in a series of departures at the “camera company.” Earlier this year, the company’s chief financial officer Tim Stone stepped down. Shortly after, The Wall Street Journal reported that Snap had fired its global security head Francis Racioppi after an investigation uncovered that he had engaged in an inappropriate relationship with an […]

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WeWork acquires Managed by Q

Managed by Q, the office management platform based out of New York, has today been acquired by The We Company, formerly known as WeWork. Financial terms were not disclosed. The WSJ reports that it was a cash and stock deal. Managed by Q, which has 500 employees, will remain as a wholly owned separate entity and CEO Dan Teran will remain following the acquisition to join WeWork leadership. Upon its latest financing in January, Managed by Q was valued at $249 million, according to PitchBook. Here’s what […]

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