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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Chhattisgarh

Coworking management software in Raipur

For 20–100 seats spaces in Raipur that want enquiries, members and billing in one app — set up on WhatsApp the same working day.

Desk rent in Raipur

Typical 2026 range: ₹3,500–₹7,000 per seat per month for a dedicated desk.

Typical space

20–100 seats, owner-run with a small team.

Local ROI example

An 80-seat space at ₹5,250/seat and 70% occupancy: about ₹31,500 extra a month from 6 more desks filled, plus ₹5,880 of late rent recovered. Run your own numbers →

What we see in Raipur

Raipur's flex market follows the capital's business. Shankar Nagar, Telibandha, Pandri and the VIP Road stretch hold most of the spaces, filled by consultants on state-government projects, contractors and suppliers to the steel, power and mining companies, CA and legal practices, and the Raipur offices of companies headquartered in Mumbai and Delhi. Nava Raipur, around the new capital complex, is where newer demand is forming from government-linked agencies and startups.

Three things shape running a space here. Cabin clients need a GST-registered address and an invoice in the right entity's name before they pay, because their own project billing depends on it. Enquiries arrive as calls and WhatsApp messages from people who found the space on Google Maps, often in the evening, and the space that replies first gets the visit. And many members are on project timelines of six to eighteen months, so agreements, deposits and renewal dates have to be tracked per member, not in a notebook.

Local directory

Coworking spaces shaping Raipur

Spaces in Raipur on our map, 20 so far and growing. Looking for a desk or a cabin? Send one enquiry; we pass it to the space and reply on WhatsApp.

Crest Avenues

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

Deven Co-Work

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

IAMAI - Mobile 10X

Interior design was good

Kursi Cowork

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

Lets Work

located in centre of the city

Mutuals Co-Working Studio and Travel Experience Co.

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

Premisin - Agrasen Chowk

Flexible hours so that you don’t have to worry about deadlines and commitments

Premisin - Choubey Colony

flexible hours so that you don't have to worry about deadlines and commitments

Premisin - Priyadarshani Nagar

Flexible hours so that you don’t have to worry about deadlines and commitments

Premisin - Rio Mall

Flexible hours so that you don’t have to worry about deadlines and commitments.

Premisin - Vallabh Nagar 1.0

Customizing the space according to your own comfort and requirements.

Qube Cowork

PREMIUM LOCATION

S.PACE Raipur Co Working Area

Location is good

Sjain Spaces

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

The Hitavada Spaces

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

Vibe Coworking Space

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

Workie Raipur

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

Zenith Co working Space Raipur

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

Zenith Co-Working Space

Whenever tired, Nap Rooms are the best places to rejoice/revive yourself. The Nap Rooms are perfectly designed

Zuci Coworks

Coworking space in Raipur. 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 Raipur operators ask

What does a dedicated desk cost in Raipur?

Typical 2026 rates are ₹3,500–₹7,000 per seat per month. Shankar Nagar, Telibandha and VIP Road are at the top; older city-centre offices at the bottom.

Can CoWorkRM issue GST invoices in a client company's name?

Yes. Each member carries their registered company name and GSTIN, and invoices go out on the 1st with the right CGST and SGST or IGST split and a payment link.

How are project-length agreements tracked?

Each member has an agreement end date, lock-in and deposit. A renewal reminder goes on WhatsApp 30 days before the end date, and the deposit is settled on exit.

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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