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Chronicles

The story behind the story

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WeWork sells SEO startup Conductor, which it bought for $113.6M, back to its management team, shuts down Spacious, which it acquired for $42.5M four months ago

Polina Marinova / Fortune :

Fortune Polina Marinova

Discussion

  • @dohertyjf @dohertyjf on x
    Congrats to @Besmertnik @stephanbajaio and the Conductor team on spinning back out of We. Looking forward to seeing what they do next! https://techcrunch.com/...
  • @simianaudio Jonah Merchant on x
    Oof! The @WeWork fallout continues... @spacioushq is getting closed down at the end of this month, 4 months after it was acquired by WeWork for USD$42.5m... all 50 staff laid off 😳 https://www.vox.com/...
  • @drorpoleg Dror Poleg on x
    Bummer. I love @spacioushq and think it fits well within a modern real estate offering. https://www.vox.com/...
  • @shiringhaffary Shirin Ghaffary on x
    The latest in the WeWork implosion saga: WeWork is shutting down Spacious, a restaurant coworking space it acquired four months ago laying off a staff of 50. https://www.vox.com/...
  • @kateclarktweets Kate Clark on x
    New: @Conductor has fully divested from @WeWork, with its own CEO & COO buying back shares. Plus, Conductor employees will be given founder-preferred shares, creating “250 employee co-founders” who collectively own a majority stake. https://techcrunch.com/...
  • @mark_barrera Mark Barrera on x
    Congrats to the @Conductor team! More companies should look at a model of employee ownership similar to this... https://techcrunch.com/...
  • @jkrohrs Jeffrey K. Rohrs on x
    Now that's leadership. Congrats @Conductor & all the employee-owners. https://twitter.com/...