But if he has been distracted by the mania around WeWork, he should let go. Trendy loss-making co-working start-up WeWork is supposedly worth $20bn while the much larger 30-year-old IWG, which does make a profit, is valued at £2.8bn ($3.6bn) and can’t land a buyer. The two companies are both based in New York but have offices across Europe.
Trendy loss-making co-working start-up WeWork is supposedly worth $20bn while the much larger 30-year-old IWG, which does make a profit, is valued at £2.8bn ($3.6bn) and can’t land a buyer. The two companies are both based in New York but have offices across Europe.