0 Can Small Businesses Grow and Evolve in Co-Working Spaces

boston co-working office space

Credit: Bisnow

Yes, you can. The devil is in the details, and at some point when your head count gets above a certain level you will want to create your own company culture.

From Bisnow:

Over just the past couple of years, we’ve watched modern co-working become a multibillion-dollar industry, seemingly right under our noses. WeWork’s now valued well into the 11-digit range, and attempts to jump into the fray are everywhere, from in-house shared space provided by companies like Silverstein Properties, to small operations popping up outside of traditional office districts. But if part of the point of co-working spaces is to help small companies grow, what happens when they do?

The answer: they evolve and develop an internal culture to reflect its products and corporate values.

0 Co-working Office Space Remains an Active Market: WeWork Valued at $6B

WeWork clearly has identified a market for growth within the co-working office environment. With locations from Israel to Seattle, WeWork is on the move with a mission “to create a world where people work to make a life, not just a living.”

co-working office space in Cambridge at WeWork

Credit: Bisnow

A BisNow article states WeWork is “on the verge of closing a $300M to $600M financing round that could value the shared workspace provider at a whopping $6B. The start-up hit 1.5B in market value last month after securing $150M and suggesting that the next round would kick off in 2015.”

Additional information is provided by Bisnow on it’s website, here.