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🗞️ Big publication highlights growing investor appetite for coworking cos
Richard Lawson pens a piece in Forbes about how investors are looking past WeWork troubles to place Expand 👇 bet on coworking companies.
In it, we’re reminded that Bullpen Capital led the recent round into Switchyards, joined by Cercano Management and Overline. We also see that Radious is on the verge of closing another round, including from Robin Daniels (ex-WeWork CMO) and Nick Bloom, whilst similar-but-also-different Jarvo recently expanded from the UK into the US market with a NYC pilot.
I absolutely love that big publications are sharing that coworking is growing, investable and I hope that TWIC can be a bigger resource for journalists like Richard to tell more stories about brands like yours.
Richard Lawson pens a piece in Forbes about how investors are looking past WeWork troubles to place Expand 👇 bet on coworking companies.
In it, we’re reminded that Bullpen Capital led the recent round into Switchyards, joined by Cercano Management and Overline. We also see that Radious is on the verge of closing another round, including from Robin Daniels (ex-WeWork CMO) and Nick Bloom, whilst similar-but-also-different Jarvo recently expanded from the UK into the US market with a NYC pilot.
I absolutely love that big publications are sharing that coworking is growing, investable and I hope that TWIC can be a bigger resource for journalists like Richard to tell more stories about brands like yours.
🤔 Where are the other 97% of bookings going?
Nick Bloom digs into some data from Gable that shares that only 3% of bookings on their platform are Expand 👇 for private offices (87% are for common spaces and 10% for meeting rooms). He wonders if other platforms are also seeing utilization and booking tied to in-person collaboration vs more solo deep work time.
Are you?
Nick Bloom digs into some data from Gable that shares that only 3% of bookings on their platform are Expand 👇 for private offices (87% are for common spaces and 10% for meeting rooms). He wonders if other platforms are also seeing utilization and booking tied to in-person collaboration vs more solo deep work time.
Are you?
📄 All 64 slides of that recent “The Future Of WFH” presentation
Simon Davis shares a PDF copy of the keynote that Nick Bloom gave at the Purposeful Intent and Expand 👇 CoreNet Global event this week.
I’m gonna need 30 or so weeks to process this one. Enjoy.
Simon Davis shares a PDF copy of the keynote that Nick Bloom gave at the Purposeful Intent and Expand 👇 CoreNet Global event this week.
I’m gonna need 30 or so weeks to process this one. Enjoy.
🧐 Are coworking spaces seeing the “new normal” yet?
Jerome Chang notes that in coworking spaces across LA, employees are not seeing the ‘new normal’ Expand 👇 that survey results (shared by Nick Bloom) suggest.
In the data, it’s suggested that 80% of California firms see that the "current levels of commuting, office use, city center retail, weekday leisure and other activities" impacted by remote work are likely to be permanent. I’d love to hear from other CA operators, are you seeing/hearing this from your members and their teams?
Jerome Chang notes that in coworking spaces across LA, employees are not seeing the ‘new normal’ Expand 👇 that survey results (shared by Nick Bloom) suggest.
In the data, it’s suggested that 80% of California firms see that the "current levels of commuting, office use, city center retail, weekday leisure and other activities" impacted by remote work are likely to be permanent. I’d love to hear from other CA operators, are you seeing/hearing this from your members and their teams?
🎓 Stanford MBA team explores matched co-tenancy
Phil Kirschner reshared Project Pair’s take on flex space that was originally shared by Nick Bloom. Expand 👇 In short the pilot project (run by a Stanford MBA team) looks to arrange office co-tenancy between matched firms, resulting in an estimated 30-50% saving on typical lease agreements.
Curious to see how this will play out with coworking, and how long it’ll take to shift the tech to support the burgeoning subleasing opportunity.
Phil Kirschner reshared Project Pair’s take on flex space that was originally shared by Nick Bloom. Expand 👇 In short the pilot project (run by a Stanford MBA team) looks to arrange office co-tenancy between matched firms, resulting in an estimated 30-50% saving on typical lease agreements.
Curious to see how this will play out with coworking, and how long it’ll take to shift the tech to support the burgeoning subleasing opportunity.
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