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‘Thank you, WeWork’ — 2 of the coworking startup’s biggest rivals are cashing in after its public meltdown

FILE PHOTO: Adam Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event in Manhattan, in New York City, NY, U.S. May 15, 2017. REUTERS/Eduardo Munoz

  • Two of WeWork’s biggest rivals are cashing in on the collapse of its IPO, its rescue by SoftBank, and its ongoing overhaul.
  • “Thank you, WeWork,” IWG CEO Mark Dixon told Fast Company, adding that the coworking startup’s public meltdown has shone a spotlight on shared workspaces.
  • “Landlords are considering going in our direction that maybe weren’t before,” CBRE boss Robert Sulentic said on an earnings call this month.
  • For more stories on WeWork, click here.

Two of WeWork’s biggest rivals are cashing in on its public meltdown.

“We’re in a hypergrowth stage at the moment,” Mark Dixon, CEO of IWG, <a target="_blank" read more >>>

Source:: BusinessInsider.Com