WeWork Results Presentation Deck
WeWork's opportunity
WeWork's scale and innovation is expected to continue leading the flexible workspace market
Space-as-a-Service
Access
1.
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●
WeWork branded, managed, and operated
space provided through existing WeWork
leased space, joint ventures, franchises,
management agreements
Also includes third-party or partner space
managed / operated by WeWork + WeWork
Workplace technology
Provides flexibility of space, time, and portability of
cost, as companies demand turnkey solutions
Membership base and occupancy projected to
normalize to historical levels
By year-end 2022, we anticipate growing our
footprint by ~60k desks from ~766k desks as of Q3
2021
WIX ORGANON
coinbase
v
NOVARTIS
Citi
miro
●
●
On Demand and All Access monthly
subscription enables users to choose when,
where, and how they work:
All Access: monthly subscription to
WeWork spaces around the world
On Demand: pay-as-you-go model for
non-members
38,000 All Access memberships as of October 2021(1)
High margin business leverages WeWork's physical
footprint and increases monetization of existing
space
AMERICAN
EXPRESS
American Airlines
AAdvantage
Uber
38k All Access memberships includes 4k other legacy memberships. October figures are preliminary and subject to change.
Brex
WeWork Workplace
●
●
Turnkey solution that enables companies and
their employees to seamlessly embrace hybrid
and flexible work models
Leverages the experience management
software that WeWork has built to manage and
analyze its own space
High margin, recurring SaaS product revenue
Multiple partnerships in flight, with commercial
expansion planned in 2022
HBC
CUSHMAN &
WAKEFIELD
Ivanhoé
Cambridge
4
wework
Ⓒ2021 WeWork. Confidential.View entire presentation