Believers of that stratospheric valuation got a reality check this week when reports emerged that WeWork’s parent company was considering halving its valuation...
Four months after leaving Purplebricks, the embattled firm’s top U.S. executive is looking to raise money for a new discount brokerage.
Eric Eckardt is seeking $7 million to $10 million to help grow Dwellowner, a cloud-based brokerage, via a security token offering (STO) in which investors are given cryptocurrency representing their investment. An unnamed investor has already committed to chi...
With $20 million of new funding from Sidewalk Labs and Ikea umbrella company Ingka Group, the MIT robotics spin-off Ori is moving forward with its ambitious plans to revolutionize architecture.
WeWork’s initial public offering won’t be quite the celebration the office-rental unicorn once foresaw.
The New York-based startup is considering seeking a valuation of about $20 billion to $30 billion in the IPO, people with knowledge of the matter said. The range could end up closer to $20 billion, said one of th...
Back in 2015, Adam Neumann and WeWork had characteristically big dreams for its co-living division, WeLive.
According to an investor presentation published by Buzzfeed, WeWork estimated that WeLive would grow from the two locations opening that year to a business that could cater for more than 34,000 residents across a 10.4M SF portfolio with 91% occupancy by 2018.
Reefknot Investments, a joint venture between Temasek, Singapore’s sovereign fund, and global logistics company Kuehne + Nagel, announced today the launch of a $50 million fund for logistics and supply chain startups. The firm is based in Singapore, but will look for companies around the world that are raising their Ser...
New York-based flexible office operator Knotel has announced a partnership with London-based online office platform Hubble.
The partnership will offer clients tailored on-demand managed offices on Hubble in London and Manchester for the first time.
“The Knotel service is proving attractive to our customers as it ...