What is WeWork? History, Services & FAQs

Introduction

WeWork is one of the most well-known coworking brands in the world and is often seen as a leader in flexible office space. From freelancers to global enterprises, WeWork has helped shape how and where people work today. But what is WeWork, how did it grow so quickly, and what does it actually offer?

This guide explores WeWork’s history, its spaces, the services it provides and answers the most commonly asked questions to help you decide whether it’s the right workspace for your business.

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What is WeWork?

WeWork is a global coworking provider that offers flexible office space for individuals, start-ups, and established businesses. Created as an alternative to traditional office leasing, it allows members to access ready-to-use workspaces on flexible terms. The company operates in hundreds of cities worldwide and is widely recognised for popularising coworking spaces.

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History of WeWork

WeWork was founded in 2010 in New York City by Adam Neumann and Miguel McKelvey, with the idea of offering a more flexible alternative to traditional office space. The concept quickly resonated with start-ups and growing businesses looking for workspace without long-term commitments.

As demand for coworking grew throughout the 2010s, WeWork expanded into cities around the world and became one of the most well-known names in the sector. By 2019, the company had grown to hundreds of locations and prepared to go public. While the Initial Public Offering (IPO) didn’t proceed as planned, it brought global attention to WeWork and highlighted the scale of its rapid growth.

Since then, WeWork has refined its strategy and continues to operate as a leading global coworking provider, serving businesses of all sizes in the US, Europe, and Asia.

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What WeWork Has to Offer

WeWork provides a range of flexible workspace solutions designed to meet the needs of individuals, small teams, and larger businesses. Its offerings combine convenience, flexibility, and community.

Key WeWork offerings include:

• Hot Desks: Ideal for individuals who need a workspace on the go, hot desks give you the freedom to work from different locations without committing to a permanent office.
• Dedicated Desks: For those who want a reliable spot in a shared environment, dedicated desks offer consistency while still being part of a community.
• Private Offices: For teams that need privacy, security, and the ability to customise their space. 
• Enterprise Solutions: Created for larger companies, often including private offices, meeting rooms and breakout spaces.
• Meeting Rooms & Event Spaces: Whether it’s a team meeting, client presentation, or workshop, you can book spaces to suit the occasion.
• Amenities & Community: From high-speed Wi-Fi and printing to networking events and wellness areas, WeWork provides plenty of amenities.

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WeWork FAQs

How does WeWork differ from a traditional office?

Unlike traditional offices, WeWork provides ready-to-use workspaces with flexible terms. You don’t need to sign a long lease, set up utilities, or furnish the space.

Is WeWork cheaper than renting a private office?

It depends on your team size and location. For small teams or individuals, WeWork can be more cost-effective since it includes furniture, utilities, and amenities without the upfront cost of a traditional lease. Larger teams or long-term leases might find traditional offices cheaper per square foot, but they would need to manage setup, maintenance, and other overheads themselves.

What amenities are included in a WeWork membership?

A WeWork membership typically includes high-speed Wi-Fi, access to shared workspaces and lounges, complimentary tea and coffee, private phone booths, meeting room access, and on-site support. Utilities, cleaning, and use of the WeWork app are also included, with some amenities varying by location and membership type.

How long can I stay at WeWork?

Some plans are designed for short-term use, while others are better suited to longer-term commitments.

Are there opportunities to network or collaborate?

Yes. WeWork hosts events, workshops, and community activities that give members the chance to connect with other professionals, share ideas, and find potential collaborators.

What is the difference between WeWork All Access and On Demand?

WeWork’s All Access membership gives you unlimited access to coworking spaces at multiple locations, letting you choose where and when you work each day. On-Demand is more flexible for occasional use; you can book a workspace or meeting room by the hour or day without a full membership.

‍Are pets allowed at WeWork?

Some WeWork locations are pet-friendly, but policies vary by building. 

It May be the Most Well Known, but It’s Not Necessarily the Best: WeWork Alternatives

While WeWork may be the most recognisable name in flexible workspace, it isn’t always the best fit for all teams, and there are plenty of alternatives available. Runway East puts community and growth first. Being a smaller operator means the team can take a more people-focused approach, getting to know members, supporting collaboration, and actively helping businesses scale, rather than simply providing a desk. 

Larger providers such as Regus and Fora also operate flexible offices across multiple locations. However, businesses seeking a more relationship-driven workspace often find that smaller communities like Runway East offer greater long-term value.

Explore a great coworking space and book a tour at Runway East today!

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Conclusion

WeWork has played a key role in shaping modern coworking. It has provided a space where teams can start and scale without the typical constraints of long-term leases. Over the years, the coworking landscape has expanded. There are now a variety of options, including Runway East and Fora, each offering its own approach to workspace and community. Choosing the right workspace can make all the difference, helping your team grow in a space that fits your culture and way of working.