What is "wework"

WeWork is an American company which provides shared workspace, community, and services for entrepreneurs, freelancers, startups and small businesses. Founded in 2010, it is headquartered in New York City. As of December 2015, WeWork had 54 coworking locations in across the U.S., Europe and Israel – twice as many as it had at the end of 2014 with plans to expand to reach every continent (except Antarctica) by 2017. A $400 million funding round this summer from Fidelity, J.P. Morgan and other major investors brought the company’s total funding to an estimated $1 billion and raised its valuation to $10 billion—double its $5 billion last December. WeWork was named among the "most innovative companies" of 2015 by Fast Company magazine.

WeWork designs and builds physical and virtual communities in which entrepreneurs share space and office services and have the opportunity to work together. The company’s 30,000+ members have access to health insurance, an internal social network, social events and workshops, and an annual summer retreat.

WeWork has more than 250 employees and plans to open additional locations in New York City, London, Los Angeles, Austin, Amsterdam, Chicago, and Miami.