WeWork is worth more than Twitter, Box, and Blue Apron combined

At a $20 billion valuation, the co-working giant tops the market caps of Twitter ($12.96 billion), Box ($2.44 billion), and Blue Apron ($1.54 billion) combined.


BEAM Team

11 Jul, 2017

WeWork is worth more than Twitter, Box, and Blue Apron combined | BEAMSTART News

- From our Sponsors -

WeWork, a company that rents out shared office spaces, has raised $760 million in a new Series G round of funding, according to Forbes.

At a $20 billion valuation, the co-working giant tops the market caps of Twitter ($12.96 billion), Box ($2.44 billion), and Blue Apron ($1.54 billion) combined.

The company has not confirmed the investment or its source, but Forbes dug up documents filed publicly with the Delaware Secretary of State on June 30, issuing 13.2 million new shares of preferred stock. WeWork did not immediately respond to request for comment.

Founded in 2010, WeWork has more than 120,000 members in 156 offices worldwide. Entrepreneurs, freelancers, and remote workers who maintain a base at WeWork receive amenities like free coffee, meeting rooms, privacy booths, and networking events.

The company has grown its offerings over the last year. WeLive, an offshoot of WeWork evolved the hacker-house concept into all-inclusive living experiences that comes with lots of perks. A new enterprise business puts Microsoft employees in WeWork offices across four major cities.

WeLive offers furnished apartments and flexible leases in New York City and Arlington, Virginia.

In May, WeWork also quietly got into the fitness business. The company plans to open a permanent gym, which is being called WeWork Wellness, at a New York City office location.

Miguel McKelvey, chief creative officer of WeWork, told Business Insider earlier this year that a network of shared experiences has been “always part of the equation” for the brand.

He and cofounder Adam Neumann envision an ecosystem of office rentals, residences, gyms, and even barber shops that served the concept of community living.

“It was always thought of, ‘How can we support this person who wants to live more collectively, live lighter – who wants to have less stuff, who wants to pursue their passion, pursue a life of meaning, rather than looking for just material success?'” McKelvey said.

- From our Sponsors -

Latest Jobs

Founding SDR (June 2025)

Trellis

California,

Full Time

USD 60000 — USD 110000 yearly

Software Engineer (Full-Stack)

Replo

California,

Full Time

Salary Undisclosed

Machine Learning Research Scientist

Anthrogen

California,

Full Time

USD 120000 — USD 180000 yearly

Product Engineer - DevOps & QA

Scispot

Full Time

USD 15000 — USD 25000 yearly

Accounts Payable

Kodo

Maharashtra,

Full Time

USD 500000 — USD 1100000 yearly

M&A Analyst

LunaJoy Health

Contract

USD 20 — USD 30 yearly

Revenue Operations Associate

Codingal

Karnataka,

Full Time

USD 500000 — USD 700000 yearly

Software Engineer (NYC)

Heron Data

New York,

Full Time

USD 100000 — USD 250000 yearly

Backend Engineer

Pump.co

California,

Full Time

USD 100000 — USD 200000 yearly

Founding Technical Account Manager

Greptile

California,

Full Time

USD 140000 — USD 180000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).