WeWork
Shared office provider
WeWork is a company that provides shared office spaces and coworking facilities, renting flexible workspace to freelancers, startups, and larger companies.
Founded in 2010, it became synonymous with the coworking concept before a spectacular failed IPO in 2019 exposed financial mismanagement: The WeWork implosion became a cautionary tale about startup valuations.
Japanese technology investment firm
- IPOFirst public stock offering
- valuationAssessment of monetary worth
- unicornMythical one-horned horse
- venture capitalStartup growth financing
startup · cofounder · business model · scaling · pivot · disruption · bankruptcy · restructuring
Unassigned workplace arrangement
- freelancersSelf-employed contract workers
- digital nomadsMobile location-free professionals
- open-planLacking interior walls
- membershipState of belonging
community manager · day pass · private office · phone booth · collaboration · networking · amenities · entrepreneurs
Energetic, aggressive action
- millennialConcerning thousand-year cycles
- communityCollective of connected people
- networking eventsGatherings for professional connections
- happy hourDiscounted drinks period
wellness · yoga · meditation · entrepreneurial · collaboration · socializing · creator · motivation
Comfortable waiting room
- conference roomEnclosed space for meetings
- breakroomEmployee rest area
- receptionAct of receiving guests
- lobbyEntryway or influence-seeking
ergonomic · furnishings · desk · chair · workstation · kitchen · beer tap · ping pong
SoftBank
Japanese technology investment firm
venture capital · startup · cofounder · business model · scaling · pivot · disruption · bankruptcy · restructuring · layoffs
hotdesking
Unassigned workplace arrangement
- freelancersSelf-employed contract workers
- digital nomadsMobile location-free professionals
- open-planLacking interior walls
membership · community manager · day pass · private office · phone booth · collaboration · networking · amenities · entrepreneurs · solopreneurs
hustle
Energetic, aggressive action
- millennialConcerning thousand-year cycles
- communityCollective of connected people
- networking eventsGatherings for professional connections
happy hour · wellness · yoga · meditation · entrepreneurial · collaboration · socializing · creator · motivation · ambition
lounge
Comfortable waiting room
- conference roomEnclosed space for meetings
- breakroomEmployee rest area
- receptionAct of receiving guests
lobby · ergonomic · furnishings · desk · chair · workstation · kitchen · beer tap · ping pong · aesthetics
lease
Temporary use contract
- subleaseTenant-to-tenant rental agreement
- commercial propertyBuildings for business use
- landlordProperty owner renting out
tenant · building · square footage · occupancy · rent · location · expansion · portfolio · vacancy · real estate market
- Coworking Spaces
- sharing economysharing economy, timeshare, sharing, peer-to-peer, carpool
- tech satireSilicon Valley, buzzword bingo, tech bro, startup culture, hustle culture
- Defunct BrandsPan Am, Enron, Woolworth's, Circuit City, RadioShack
- Financial ScandalsEnron, Bernie Madoff, Ponzi scheme, insider trading, securities fraud
- disruptorsUber, disruptor, Airbnb, disruption, Netflix
WeWorkBerkshire Hathaway
American multinational holding company
Johnson & Johnson · Procter & Gamble · sustainable growth · value investing · Warren Buffett
work, worker, workers, workman, workplace, we, workmanship, workbench, workspace