Connect with us

Hi, what are you looking for?

Jewish Business News


WeWork Closes $355 Million Funding Round

WeWork office interior

WeWork Companies, a dealer in office space rentals announced that it closed a $355 million funding round. The company is now valued at around $5 billion. Adam Neumann, the Israel born  35 year old founder and CEO of WeWork , hopes that the company can attract those who need office space.

“We happen to need buildings just as Uber happens to need cars, just like Airbnb happens to need apartments, ” said Mr. Neumann in a press release.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

WeWork sounds a bit like  real estate company, but it behaves more like a tech company or a high-momentum growth stock. The company has a $150 million annual revenue run rates. It has huge growth prospects. It has also leased 1.6 million square feet in New York, and that makes it the fastest growing company of its kind in the city. WeWork expects to expand this amount to 3.5 million square feet annually by the latter part of 2015.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.