Leaflet · The story of

WeCrashed

WeWork grew from a single New York coworking space into a $47 billion company in under a decade. Within a year, most of that value was gone.

In 2022 the story became an 8-episode Apple TV+ series based on Wondery's podcast WeCrashed: The Rise and Fall of WeWork, with Jared Leto as Adam Neumann and Anne Hathaway as Rebekah Neumann. It premiered on 18 March 2022.

From the book
Coworking Study & Report, by Dr. Preetesh Anand
The real timeline
  1. 2010 · The startAdam Neumann and Miguel McKelvey open the first WeWork in New York.
  2. 2017 · Rocket fuelSoftBank pours in billions and expansion goes global.
  3. Jan 2019 · The peakValued at $47B, with about 850 locations worldwide.
  4. Sep 2019 · IPO collapsesInvestors balk at the losses, founder control and governance. Neumann steps down.
  5. Oct 2021 · ListedWeWork goes public via a SPAC at about $9B.
  6. Nov 2023 · BankruptcyChapter 11 filing with nearly $19B in debt.
  7. Jun 2024 · RestartExits bankruptcy with $4B+ of debt wiped out; Yardi becomes majority owner.
  8. 2025 · Back to basicsPositive EBITDA, about 170 US & Canada sites, profit-first deals.
In numbers
$47B2019 peak
~$9B2021 listing
$0.27BAug 2023
850 → ~170locations, global peak to US & Canada in 2025
~$12Bfuture rent cut in the restructuring
3 lessons for your space
  1. Match lease length to how long members commit.
  2. Every centre must reach break-even on its own.
  3. Grow when you're full, not when you're excited.

All 7 lessons, the World & India market report and the property-owner playbook are in the free book.

Sources: Apple TV+ press, Fortune/Bloomberg, Bisnow, CRE Daily, Barchart.

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Coworking Study & Report: Lessons from WeWork

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Maharashtra

Coworking management software in Nagpur

For 20–120 seats spaces in Nagpur that want enquiries, members and billing in one app — set up on WhatsApp the same working day.

Desk rent in Nagpur

Typical 2026 range: ₹3,500–₹6,500 per seat per month for a dedicated desk.

Typical space

20–120 seats, owner-run with a small team.

Local ROI example

An 80-seat space at ₹5,000/seat and 70% occupancy: about ₹30,000 extra a month from 6 more desks filled, plus ₹5,600 of late rent recovered. Run your own numbers →

What we see in Nagpur

Nagpur's coworking sits in two clusters. Dharampeth, Ramdaspeth, Sitabuldi and Civil Lines have the owner-run 20–80 seat spaces, filled by CAs, lawyers near the High Court, logistics and agri-business firms, and remote employees of Pune and Hyderabad companies who came home. MIHAN and the IT corridor towards Wardha Road draw tech teams of 10–40 that want cabins near the SEZ without an SEZ lease.

It is a thin-margin market. Rent is ₹25–₹45 per sq ft, so a 40-seat space at 60 percent occupancy is about break-even, and every meeting-room hour and day pass matters. Coaching institutes and interview panels book rooms by the hour and take weekend blocks if the price is on a page, the first 20 members bring the next 40 through referrals, and a single bad month of collections hurts, so invoices on the 1st and reminders on the due date carry the business.

Read the full city guide: Coworking space in Nagpur: what it costs to run one and how to fill it (2026) →

Local directory

Coworking spaces shaping Nagpur

Spaces in Nagpur on our map, 12 so far and growing. Looking for a desk or a cabin? Send one enquiry; we pass it to the space and reply on WhatsApp.

Eureka CoWorking

Coworking space in Nagpur. Desks, cabins and meeting rooms.

Let's Co-Work - Pratap Nagar

Coworking space in Nagpur. Desks, cabins and meeting rooms.

LOFT Coworking - IT Park

Coworking space in Nagpur. Desks, cabins and meeting rooms.

nexUS Cowork

Coworking space in Nagpur. Desks, cabins and meeting rooms.

Stint Studio CōWORKING - Sitabuldi

Coworking space in Nagpur. Desks, cabins and meeting rooms.

Stint Studio CōWORKING - Tilak Nagar

Coworking space in Nagpur. Desks, cabins and meeting rooms.

The Coworking Company

Coworking space in Nagpur. Desks, cabins and meeting rooms.

The space 52™ Co-Working Space - Library

Coworking space in Nagpur. Desks, cabins and meeting rooms.

The Workstation

Coworking space in Nagpur. Desks, cabins and meeting rooms.

Vision Workspaces

Coworking space in Nagpur. Desks, cabins and meeting rooms.

Working Avenue Coworking

Coworking space in Nagpur. Desks, cabins and meeting rooms.

ZenHQ

Coworking space in Nagpur. Desks, cabins and meeting rooms.

Listed for information from public listings; spaces are independent of CoWorkRM. Run one of these spaces and want it changed or removed? Message us.

Enquire about

Your enquiry reaches CoWorkRM; we share it with the space and reply on WhatsApp.

Questions Nagpur operators ask

What does a dedicated desk cost in Nagpur?

Typical 2026 rates are ₹3,500–₹6,500 per seat per month. Dharampeth and Ramdaspeth are at the top, the MIHAN side and older city-centre offices at the bottom. A 4-seat cabin runs ₹18,000–₹32,000.

Can we sell meeting rooms by the hour to coaching institutes?

Yes. Rooms go on a public booking page with hourly, half-day and day rates and online payment, so institutes and interview panels book and pay without a phone call. Members book from the app against their included hours.

Is CoWorkRM worth it for a 40-seat Nagpur space?

Starter at ₹2,999 a month covers members, invoices on the 1st, visitor entry and room booking. One late rent recovered or a few room hours sold each month covers it.

Get started

Get 30 days free.

Your space is set up the same working day on WhatsApp — no card, no app change for your members.

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