Difference between revisions of "Timeline of WeWork"
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== Visual Data == | == Visual Data == | ||
− | [File:Funding Rounds for WeWork, in US$..png|thumb|center|400px|Funding Rounds for WeWork, in US$.] | + | [[File:Funding Rounds for WeWork, in US$..png|thumb|center|400px|Funding Rounds for WeWork, in US$.]] |
==Full timeline== | ==Full timeline== |
Revision as of 11:43, 20 October 2017
This is a timeline of WeWork, an American company which provides shared workspace, community, and services for entrepreneurs, freelancers, startups and small businesses.
Contents
Big picture
Time period | Development summary | More details |
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Visual Data
Full timeline
Year | Month and date | Event type | Details |
---|---|---|---|
2008 | May | Adam Neumann and Miguel McKelvey establish GreenDesk, an "eco-friendly coworking space" in Brooklyn.[1] | |
2011 | October 25 | Funding | $1,000,000 Seed Round [2] |
2012 | January 30 | Funding | $6,850,000 Seed Round[2] |
2012 | July 1 | Funding | $17,000,000 Series A[2] |
2013 | May 1 | Funding | $40,000,000 Resies B[2] |
2013 | October 20 | Funding | $150,000,000 Series C[2] |
2014 | December 15 | Funding | Series D $355,000,000 T. Rowe Price, Goldman Sachs. 6 investors.[2] |
2015 | May | Partnership | WeWork partners with Chase with the purpose to offer WeWork members discounted rates and premium customer service with Chase Paymentech, whose payment platforms support businesses of all sizes to process payments, including credit, debit, and digital, alternative, mobile payment options.[3][4][5] |
2015 | June 1 | Team | WeWork announces Time Warner Cable Chief financial officer Artie Minson Artie Minson as President and Chief Operating Officer.[6][7][8] |
2015 | June 25 | Acquisition | Series E $433,934,331 Glade Brook Capital Partners. 4 in vestors.[2] |
2015 | August 5 | Acquisition | WeWork acquires CASE. |
2015 | October | Legal | WeWork announces it would hire Union cleaners due to pressure from labor organizers after settling a two-month dispute with its janitorial staff and the Service Employees International Union. Previously, WeWork had fired more than 90% of its contracted cleaners in New York city, following a lengthy dispute over pay and working conditions.[9][10][11][12] |
2016 | March 9 | Funding | Chinese firms Legend Holdings and Hony Capital invest US$430 million in WeWork Series F funding round, putting the company’s new valuation at US$16 billion. Both firms would facilitate WeWork’s access to the Chinese market.[13][14][15][16] |
2016 | March 18 | Acquisition | WeWork acquires Welkio, a digital sign-in system for guests at an office. |
2016 | April 4 | Service | WeWork launches WeLive in New York city, a service under termed co–living concept – analogous to coworking, by renting out shared living spaces.[21][22][23][24] |
2016 | October 12 | Funding | Shanghai Jin Jiang International Hotels, one of China’s largest hotel companies, puts up US$260 million towards WeWork’s Series F round of financing, bringing its total venture capital to $1.7 billion and valuing WeWork at US$16.9 billion. The investment completes a US$690 million funding round started in March 2016.[25][26][27][28] |
2017 | February 26 | Funding | Japanese telecommunications company Softbank invests US$ 3 billion in WeWork Private Equity Round and Secondary Market investment round.[2] |
2017 | April 25 | Service | WeWork partners with global customer service software company Zendesk and launches WeWork Service Store, a software-only platform that aggregates business software and services for members.[29][30][31][32] |
2017 | June 1 | Investment | WeWork invests in Brave Initiatives. |
2017 | June 7 | Acquisition | WeWork acquires Fieldlens. |
2017 | June 13 | Investment | WeWork invests in Victor Tech inc. |
2017 | July 10 | Funding | WeWork raises US$760 million in a new Series G funding round, putting the coworking company's valuation at US$20 billion according to sources close to the deal.[2][33][34][35] |
2017 | August 6 | Acquisition | WeWork acquires Spacebomb. |
2017 | August 11 | Acquisition | WeWork acquires Unomy. |
2017 | August 25 | Funding | Japanese telecommunications company Softbank announces a US$4.4 billion investment in WeWork, with US$3.3 billion to buy WeWork shares, and the rest towards fueling the company’s expansion in Asia.[36][37][38][39] |
2017 | September 12 | Legal | WeWork files a complaint with New York’s Southern District Court, alleging that China-based UrWork is guilty of trademark infringement, under the argument is that UrWork is a name that is far too similar to WeWork given that both companies operate in the coworking industry.[40][41][42][43] |
2017 | October | Partnership | Wework partners with Airbnb with aims at allowing business travelers using Airbnb for housing to also use WeWork to book a desk, conference room, or other office amenities nearby.[44][45][46][47] |
2017 | October | Service | WeWork opens first permanent gym, in Manhattan.[48][49][50][51] |
Meta information on the timeline
How the timeline was built
The initial version of the timeline was written by User:Sebastian.
Funding information for this timeline is available.
What the timeline is still missing
Timeline update strategy
See also
External links
References
- ↑ Sheftell, Jason. "WeWork gives alternative to working at home with swanky buildings across NYC". Daily News. Retrieved 17 October 2017.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 "Funding Rounds". crunchbase.com. Retrieved 20 October 2017.
- ↑ Crook, Jordan. "WeWork Partners With Chase To Offer Discounted Commerce Services To Members". techcrunch.com. Retrieved 20 October 2017.
- ↑ "WeWork Links With Chase To Offer Discounts Via Paymentech". pymnts.com. Retrieved 20 October 2017.
- ↑ "WeWork Partners With Chase". nocamels.com. Retrieved 20 October 2017.
- ↑ "WeWork Announces Artie Minson as President and Chief Operating Officer". marketwatch.com. Retrieved 20 October 2017.
- ↑ "WeWork Announces Artie Minson as President and Chief Operating Officer". prnewswire.com. Retrieved 20 October 2017.
- ↑ Hal Schwartz, Eric. "WeWork Hires Time Warner Cable Exec as New President". americaninno.com. Retrieved 20 October 2017.
- ↑ "WeWork to Hire Union Cleaners after Pressure from Labor Organizers". seiu32bj.org. Retrieved 20 October 2017.
- ↑ "Leading union files complaint against WeWork over cleaners who lost jobs". theguardian.com. Retrieved 20 October 2017.
- ↑ Lewis, Cora. "WeWork Goes Union, After Clash With Cleaners". buzzfeed.com. Retrieved 20 October 2017.
- ↑ GELLES, DAVID. "At WeWork, an Idealistic Start-Up Clashes With Its Cleaners". nytimes.com. Retrieved 20 October 2017.
- ↑ "WeWork to raise $430 million for expansion in Asia". crainsnewyork.com. Retrieved 20 October 2017.
- ↑ Cadell, Cate. "WeWork Seals $430 Million To Feed Asia Expansion". technode.com. Retrieved 20 October 2017.
- ↑ Revilla, Juan Miguel. "WeWork recauda 430 millones de dólares". itespresso.es. Retrieved 20 October 2017.
- ↑ "WeWork Valuation Hits $16B". bisnow.com. Retrieved 20 October 2017.
- ↑ Crook, Jordan. "WeWork's second acquisition is Welkio, a digital sign-in system for offices". techcrunch.com. Retrieved 19 October 2017.
- ↑ "Welkio Is Joining the WeWork Family". wework.com. Retrieved 19 October 2017.
- ↑ Kerr, Ronny. "WeWork buys Welkio to streamline office sign-in". vator.tv. Retrieved 19 October 2017.
- ↑ "Welkio acquired by WeWork". crunchbase.com. Retrieved 19 October 2017.
- ↑ Winston, Anna. "Co-working company WeWork unveils its first co-living apartments in New York". dezeen.com. Retrieved 19 October 2017.
- ↑ Carson, Biz. "WeWork's apartments of the future are officially open, starting at $1,375 a month for a Murphy bed". businessinsider.com. Retrieved 19 October 2017.
- ↑ Fitzpatrick, Alex. "Inside the NYC Building That Offers Nirvana for Millennials". time.com. Retrieved 19 October 2017.
- ↑ Konrad, Alex. "Inside WeWork's Amenities Rich, Community Obsessed Co-Living Experiment Called WeLive". forbes.com. Retrieved 19 October 2017.
- ↑ Hollis, Cheyenne. "Strange Bedfellows? Shanghai's Jin Jiang Hotels Leads $260M WeWork Investment". mingtiandi.com. Retrieved 20 October 2017.
- ↑ "WeWork raises another $260M, now valued at $16.9B". therealdeal.com. Retrieved 20 October 2017.
- ↑ Farrell, Maureen. "WeWork Raises $260 Million, Capping Off $690 Million Funding Round". wsj.com. Retrieved 20 October 2017.
- ↑ Dolan-Del Vecchio, Erik. "WeWork's Latest Round Of Funding Pushes Valuation To $16.9B". bisnow.com.
- ↑ Fadilpašić, Sead. "WeWork launches store for services and software". betanews.com. Retrieved 20 October 2017.
- ↑ Crook, Jordan. "WeWork's office takeover continues with the launch of the Services Store". techcrunch.com. Retrieved 20 October 2017.
- ↑ Gura, Ron. "WeWork Services Store — A New Hub for Software Services". wework.com. Retrieved 20 October 2017.
- ↑ "Zendesk and WeWork partner to help growing businesses create better customer relationships". zendesk.com. Retrieved 20 October 2017.
- ↑ Bertoni, Steven. "WeWork Hits $20 Billion Valuation In New Funding Round". forbes.com. Retrieved 20 October 2017.
- ↑ Noto, Anthony. "WeWork's new funding round puts company's valuation at $20 billion". bizjournals.com. Retrieved 20 October 2017.
- ↑ Balakrishnan, Anita. "Office-sharing start-up WeWork gets $760 million in new cash". cnbc.com. Retrieved 20 October 2017.
- ↑ Nelson, Tim. "WeWork Set to Expand With $4.4 Billion in Funding from Japanese Telecom Giant". architecturaldigest.com. Retrieved 19 October 2017.
- ↑ Xie, Jenny. "WeWork gets whopping $4.4B investment for expansion". curbed.com. Retrieved 19 October 2017.
- ↑ "WeWork Gets a $4.4 Billion Investment from SoftBank". techcrunch.com. Retrieved 19 October 2017.
- ↑ Beamonte, Paloma. "SoftBank invierte 4.4 mil millones de dólares en WeWork". hipertextual.com. Retrieved 19 October 2017.
- ↑ Crook, Jordan. "WeWork files complaint against UrWork for trademark infringement, unfair competition". techcrunch.com. Retrieved 17 October 2017.
- ↑ "WeWork files complaint against UrWork for trademark infringement, unfair competition". zedonology.com. Retrieved 17 October 2017.
- ↑ "WeWork files complaint against UrWork for trademark infringement, unfair competition". 3neel.com. Retrieved 17 October 2017.
- ↑ Hutsell, Milford. "WeWork files complaint against UrWork for trademark infringement, unfair competition". milfordhutsell.com. Retrieved 17 October 2017.
- ↑ Moon, Mariella. "Airbnb and WeWork team up to find desks for business travelers". engadget.com. Retrieved 19 October 2017.
- ↑ Huddleston, Tom. "Airbnb Aims for Business Travelers with its New WeWork Partnership". fortune.com. Retrieved 19 October 2017.
- ↑ Singleton, Micah. "Airbnb will offer business travelers spots at WeWork locations". theverge.com. Retrieved 19 October 2017.
- ↑ Zaleski, Olivia. "Airbnb Teams Up With WeWork to Lure Business Travelers". bloomberg.com. Retrieved 19 October 2017.
- ↑ Gibson, Eleanor. "WeWork ventures into health and fitness with first gym in New York". dezeen.com. Retrieved 19 October 2017.
- ↑ "First Offices, Then Apartments, Now Gyms? WeWork Launches New Wellness Concept". forbes.com. Retrieved 19 October 2017.
- ↑ "WeWork joins the gym business". therealdeal.com. Retrieved 19 October 2017.
- ↑ Eldredge, Barbara. "WeWork's first gym is pretty fancy". curbed.com. Retrieved 19 October 2017.