The limits of coworking

It feels like there’s a WeWork on every street nowadays. Take a walk through midtown Manhattan (please don’t actually) and it might even seem like there are more WeWorks than office buildings. Consider this an ongoing discussion about Urban Tech, its intersection with regulation, issues of public service, and other complexities that people have full […]

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Foxconn or Foxgone? Tariffs, Wisconsin, and iPhone fires

First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn, and then quick notes on tech depression, Huawei, and more. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like […]

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Let’s meet in Poland this month

I’ll be heading back to Europe on December 18th to run a pitch-off in Wroclaw, Poland. It’s a bit out of the way but well worth a visit if only for the sausages. The event called In-Ference is happening on December 17 and you can submit to pitch here. The team will notify you if […]

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Sweetgreen is opening up order-ahead locations inside WeWork

Salad startup Sweetgreen is expanding on a pilot program with WeWork that provides free delivery to WeWork members. Though, it’s more accurate to describe it as an order-ahead service that lets you pick up your food from your WeWork of choice. Geared toward WeWork employees and members, Sweetgreen at WeWork outposts are live in seven […]

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WeWork is getting serious about China

Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five to six years globally, Sern Hong Yu, regional head of project […]

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WeWork hires Prabhdeep Singh to lead operations for its startup program WeWork Labs

WeWork has hired Prabhdeep Singh to serve as the first global head of operations for its startup program WeWork Labs. It’s a program that relaunched earlier this year, providing early-stage startups with desk space, educational programs and mentorship. Since the relaunch, the company says it’s opened in more than 24 locations in 14 cities across […]

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WeWork picks up ANOTHER $3B from SoftBank

WeWork has picked up another $3 billion in financing from SoftBank Corp, not to be confused with SoftBank Vision Fund. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher, ultimately valuing WeWork at […]

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Chinese WeWork rival Ucommune raises $200M to go after international growth

China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it closed a $200 million Series D funding round. The new round was led by Hong Kong-based All-Stars Investment with participation from Chinese investment bank […]

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In venture capital, it’s still the age of the unicorn

Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined […]

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