Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side, where WeWork China has just unveiled an on-demand product that could tempt people who go to Starbucks to kill time or […]
View More First China, now Starbucks gets an ambitious VC-funded rival in IndonesiaCategory: WeWork
Rebooted startup program WeWork Labs celebrates its one-year anniversary
It’s been just about a year since the relaunch of WeWork Labs, an accelerator-type program operating under the WeWork umbrella. Since then, it’s grown to 37 locations in 22 cities. And it’s truly international, operating in 12 countries, including Brazil, China, Germany and India. These Labs offices are often — but not always — housed […]
View More Rebooted startup program WeWork Labs celebrates its one-year anniversaryHow business-to-business startups reduce inequality
Sibjeet Mahapatra Contributor Share on Twitter Sib Mahapatra first explored VR at Redfin. He is co-founder of Recess Labs and a Venture Fellow at Notation Capital, where he researches frontier tech including AR and VR. More posts by this contributor VR, presence and the case of the missing killer app The bull case for Snapchat […]
View More How business-to-business startups reduce inequalityWeWork could challenge Starbucks in China with new on-demand service
The rise of Starbucks in China, like that in the west, is closely linked to its function as a “third space” for people to hang out between home and work. In recent years, a bevy of coffee entrepreneurs are trying to topple the American giant’s dominance in China and lately, an unexpected contender — WeWork […]
View More WeWork could challenge Starbucks in China with new on-demand serviceDreaming of Mars, the startup Relativity Space gets its first launch site on Earth
3D-printing the first rocket on Mars. That’s the goal Tim Ellis and Jordan Noone set for themselves when they founded Los Angeles-based Relativity Space in 2015. At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin . The […]
View More Dreaming of Mars, the startup Relativity Space gets its first launch site on EarthWe Company CEO in hot water over being both a tenant and a landlord
The company formerly known as WeWork has come under scrutiny for potential conflict of interest issues regarding CEO Adam Neumann’s partial ownership of three properties where WeWork is (or will be) a tenant. TechCrunch has seen excerpts of the company’s prospectus for investors that details upwards of $100 million in total future rents WeWork will […]
View More We Company CEO in hot water over being both a tenant and a landlordWhy Silicon Valley needs more visas
Henrique Dubugras Contributor Share on Twitter Henrique Dubugras is the founder Brex, the billion-dollar corporate credit provider for startups. When I hear protesters shout, “Immigrants are welcome here!” at the San Francisco immigration office near my startup’s headquarters, I think about how simple a phrase that is for a topic that is so nuanced, especially […]
View More Why Silicon Valley needs more visasWeWork gets into the food business, backing the superfood startup of big wave surfer Laird Hamilton
WeWork CEO Adam Neumann has been described as an avid surfer, one who has been known to grab his board and go, both in the Hamptons in Long Island, where he reportedly owns a home, as well as in Hawaii. Maybe it’s no surprise, then, that WeWork is now also investing a so-called superfood company […]
View More WeWork gets into the food business, backing the superfood startup of big wave surfer Laird HamiltonSee you tomorrow in Las Vegas
We will be holding a small event during CES in Las Vegas and we want to see you! We’re looking to meet some cool hardware and crypto startups, so the good folks at Work In Progress have opened up their space to us and 200 of you all to hold a meetup and pitch-off. We’ll […]
View More See you tomorrow in Las VegasWeWork rebranding won’t work
The company formerly known as WeWork has rebranded as the We Company — although a better name for its network of on-demand office spaces for the newly incorporated and nominally employed; co-living spaces for the same Easyjet-set; and educational and coding services could be “House of Cards”. News of the rebranding (first reported via Fast Company) comes […]
View More WeWork rebranding won’t workFor SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion
Several weeks after it was reported by the WSJ that two of the biggest investors in SoftBank’s massive Vision Fund vehicle were cool on its planned $16 billion investment in the coworking company WeWork, those plans have changed radically, says the Financial Times. According to its sources — and confirmed by our own — SoftBank […]
View More For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billionJoin us in Las Vegas during CES
We will be holding a small event during CES in Las Vegas and we want to see you! We’re looking to meet some cool hardware and crypto startups, so the good folks at Work In Progress have opened up their space to us and 200 of you all to hold a meetup and pitch-off. The […]
View More Join us in Las Vegas during CES