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.
Free PDF book · 23 pages

Coworking Study & Report: Lessons from WeWork

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Coworking space · MP Nagar Zone-I, Bhopal

Qubikals

Attractive and comfortable furniture.

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Where

MP Nagar Zone-I, Bhopal, Madhya Pradesh

Workspace

Desks, cabins and meeting rooms

Desk rent in Bhopal

Typical dedicated desk: ₹3,500–₹7,500 a month (the city range, not this space's price).

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Send one enquiry with how many seats you need. We pass it to the space and reply on WhatsApp.

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Questions about Qubikals

Where is Qubikals?

Qubikals is in MP Nagar Zone-I, Bhopal, Madhya Pradesh. Send an enquiry for the exact address and directions.

How do I book a desk at Qubikals?

Press Enquire now, leave your name, WhatsApp number and how many seats you need. We pass the enquiry to Qubikals and reply on WhatsApp.

What does a desk cost at Qubikals?

Prices depend on seats, cabin size and term. Ask in your enquiry and we will get you the current price.

Qubikals is an independent coworking space, listed for information from public listings; it is not part of CoWorkRM. Run Qubikals and want this page changed or removed? Message us.

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