Stripe, one of the most successful companies to grow up in San Francisco in the past decade, is planning to leave tech’s epicenter. 

When WeWork CEO Adam Neumann pitched private investors five years ago, he pointed to a near future where WeWork would spend less on upfront costs for the majority of its buildings. The plan included coaxing more money from landlords to pay for construction expenses, in exchange for giving the building owners a share of the profits. 

But the money-saving effort didn’t come to ...

Shortly after Amazon opened its first Amazon Go mini-mart to the public in Seattle last year, the company privately mapped out its ambitions for building more of the high-tech, cashierless stores.   

It projected that annual revenue from all Amazon Go stores would balloon from a mere $28 million in 2018 to as much as $639 million in 2020, according to internal Amazon documents ...

As WeWork’s losses have climbed, potential investors have scoured for signs that the company has a pathway to profitability. A key piece of that puzzle: Can WeWork reduce how much it spends to open each new office location? 

The company has tried to highlight signs that it is making progress on that front. “Net capex per workstation added,” a metric mentioned 19 times in ...

WeWork sells prospective customers on the idea that its energetic workplace culture will rub off on tenants, keeping their employees happy and productive. But WeWork’s own employees have noticed an irony about the pitch: Executives in charge of keeping WeWork’s workforce humming haven’t stuck around.

Nearly a dozen leaders and managers in WeWork’s human resources ...

WeWork is expanding, and losing money, at a breathtaking pace, paperwork filed in connection with the company’s upcoming public offering showed Wednesday. Financial information in the filing revealed that the real estate giant continues each year to double its customer base, which increasingly includes large companies signing up for longer deals.

The filing also sparked a host of new ...

WeWork CEO Adam Neumann has said in interviews that his “superpower” is change. Whether his deputies share his comfort with change is another question, as roles atop the company are often in flux, creating uncertainty about who aside from Mr. Neumann holds power at WeWork. 

Reporting lines at the company shift often. People close to WeWork said the organizational chart ...

WeWork’s announcement Monday that it had filed to go public took many employees by surprise. WeWork confidentially submitted the filing to the Securities and Exchange Commission in December, it said, and on Monday updated the document, which it drafted mostly with an internal team and without an investment bank, according to a person familiar with the matter.

But investors already should ...

A new breed of real-estate focused startups is attracting a sudden flood of venture money.

The group includes Sonder, a travel rental firm which is finalizing a deal to raise more than $200 million from investors such as Fidelity Investments, according to people familiar with the matter. Just days ago Lyric, a short-term rentals manager, announced it had raised $160 million in equity and debt ...

Ucommune, WeWork’s biggest rival in China, is seeking a $3 billion valuation for a New York listing this year, as China’s economic slowdown makes it harder for many startups to raise money.

Ucommune has hired investment banks Citigroup and JPMorgan Chase to work on an initial public offering in Nasdaq as early as the third quarter of this year, according to a person with direct ...