Wework

WeWork is a global provider of flexible workspaces for entrepreneurs, freelancers, and enterprises. Founded in 2010, the company has over 800 locations in more than 100 cities across the world. Sandeep Mathrani serves as its CEO. The company has several divisions, including WeLive, which offers co-living spaces, and WeGrow, an education venture. Competitors include Regus and Knotel. WeWork has faced controversy in recent years, including a failed IPO in 2019 and concerns over its corporate governance and financial sustainability.

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Art by Clark Miller.

The Information Finance

Elon Musk’s Very Loud IPO Quiet Period

By Dakin Campbell · Jun 10, 2026 10:16am PDT

Good morning! When Elon Musk tweeted details about SpaceX’s agreement with Anthropic late last month, saying the business deal was less durable than advertised, many investors and commentators seized on the fact that the details weren’t in the company’s initial public offering prospectus filed with regulators.They were right to point that out,... Good morning! When Elon Musk tweeted details about SpaceX’s agreement with Anthropic late last...

Photo: Jeff Kowalsky/Getty

GM Doubles Down on Next-Gen Batteries in a Move on AI Data Centers

By Steve LeVine · Jun 9, 2026 2:00pm PDT

For a year, General Motors has been talking up plans to commercialize a next-generation manganese-based battery that would help it bypass China’s dominance of the electric vehicle and battery industries. For a year, General Motors has been talking up plans to commercialize a next-generation...

Art: Clark Miller; Getty Images.

SpaceX’s CFO Is the Quiet VIP of a Wild IPO

By Theo Wayt and Valida Pau · Jun 5, 2026 9:36am PDT

Over the last few months, SpaceX’s chief financial officer, Bret Johnsen, has been trying to pull off an intense two-part challenge: Fold xAI into SpaceX—the biggest merger ever—and then take the combined company public at $75 billion in the largest IPO ever. Johnsen, 57, has gotten it done by keeping his customary cool. Inside... Over the last few months, SpaceX’s chief financial officer, Bret Johnsen, has been trying to pull...

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Jamie Hodari. Photo via Industrious.

The Anti-WeWork Makes Good; Plaid Considers M&A Push

By Cory Weinberg · Jan 14, 2025 3:50pm PST

Visitors to Bryant Park in New York would have had a confusing sight on Tuesday afternoon: Hundreds of startup workers throwing graduation caps into the air and then ice skating in green gowns. That was the celebration cooked up by Industrious CEO Jamie Hodari to memorialize the sale of his co-working startup to $38 billion real estate... Visitors to Bryant Park in New York would have had a confusing sight on Tuesday afternoon:...

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SoftBank and the Real Tragedy of WeWork

By Cory Weinberg · Nov 9, 2023 5:00pm PST · 2 comments

It was an all-hands speech that would have fit with 2023’s cost-conscious corporate dogma: A tech founder urged his employees to check if the lights were turned off when they were leaving the offices, telling them, “The universe does not allow waste.” That was Adam Neumann talking to WeWork employees in 2016, a year before SoftBank began... It was an all-hands speech that would have fit with 2023’s cost-conscious corporate dogma: A tech...