Huge congrats to Ryan Simonetti and the whole Convene team.

In early 2020, Convene faced near collapse, dropping from $200M in revenue and 1,000 employees to almost nothing. Five years later, under CEO Ryan Simonetti’s leadership, they’ve rebounded with 37 locations, hundreds of millions in revenue, and international expansion. Tune into this episode of the Not Another CEO podcast to learn more – in particular his belief in GRIT – genuine, relentless, integrity & teamwork.

"Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth over the last three years. They generated 874,940 jobs, $317 billion in revenue, and show where the economy is going."

Within the list are three coworking brands, COhatch (at position 820) who saw a 3-year growth of 605%, Convene at 1135th and up 450%, and Industrious at 3043rd who grew 164%.

The two-day GCUC UK conference returns to London.

EventIndustryNews reports that Convene are segmenting the brands to make the distinction clearer between their offerings. As part of this move 4 etc.venues locations are being converted to Convene locations.

Market positioning, especially within multibrand networks, are a big focus this year. This will create ripples for all operators as competition for keywords and budgets get diluted across offerings.