The struggling commercial real estate startup said that its leasing costs remain too high and it will look to exit underperforming locations
By WeWork's own admission, it is unlikely to last much longer. In order to survive, it would need to reduce lease costs and other expenses, increase revenue and find a source of additional capital
After only three years, Sandeep Mathrani is leaving the CEO position. WeWork board member David Tolley will take over in the interim
The coworking behemoth posted a net loss of $299M in the first quarter, a $205M improvement from a year earlier, according to Q1 earnings data released Tuesday morning
Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the rental sector
The embattled coworking giant posted a 75% quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26M in losses, according to Q4 earnings
The coworking space lost $568M in Q3, an improvement from the same period last year when it lost $802M, according to earnings Thursday. Its revenue hovered at $817M, a 24% lift from 2021
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
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
The Series C funding round comes amid a spurt of aggressive growth from the company, which claims to have seen its membership increase 380% over the past year
Flow, the WeWork founder's fledging startup, has received an investment of approximately $350M from venture capital firm Andreessen Horowitz and has already earned a $1B valuation
Vishal Garg, WeWork and eXp Realty made headlines this week. Test your knowledge of the week's biggest real estate stories to determine if you're up to date on the biggest industry news
The series stars Jared Leto as the entrepreneur who sought to redefine commercial real estate but resigned from the company he founded in 2019
The former WeWork chief executive officer has accumulated a real estate portfolio in excess of $1B since departing the shared workspace giant in 2019 following a calamitous IPO bid
At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering