A startup that leases office space to other startups is now worth an estimated $5 billion.
But the long-term fate of WeWork is debatable, even after it just raised another $355 million in funding, according to a Wired report.
WeWork is essentially a hub where startups have access to office and work spaces that are technologically ready to meet their needs. The target is the startup business that’s ready to leave the home office, garage, or basement, and expand.
WeWork offers visually appealing professional office spaces at a variety of locations.