Almost every company including those that have rapidly scaled and experienced success started from humble beginnings. Many of the most popular businesses and services we use daily got their start in a coworking space. As a business faces an uphill climb, getting started in a co-working space gives the company a chance to scale faster and in a versatile space. Here are some of the top companies you may not have known started in a co-working space.
Spotify
Spotify started in a co-working space in San Francisco in 2008. A few employees banded together to build Spotify originally in Stockholm in 2006 and then the company moved to Rocketspace for its operations in 2008. Today there are over 191 million users on the music streaming platform.
Instagram is only 8 years old and today it has over 1 billion monthly users. When the company was acquired in 2012, it sold for $1 billion. The original creators launched it as Burbn and formed the company running out of DogPatch labs in San Francisco starting in 2010.
Uber
The world’s most popular ridesharing app also started out of a coworking space. It started as a team of 8 that was working out of Rocketspace in San Francisco and it launched officially in 2009.
Hootsuite
This social media scheduling program earned over $50 million in revenue in 2018. It started with extremely humble beginnings in a San Francisco coworking space back in 2008. Ryan Homes created a scheduling tool for executing social media campaigns and the team has scaled since to become the first choice for the Obama administration, Facebook, Martha Stewart, Zappos and more.
If you remain doubtful that you can scale the company to worldwide reputation inside of a coworking space, you should highly consider the success of these companies!
This post was written by Tara Kintz. Tara is a director at Signature Workspace which is a Tampa office space. Signature Workspace, owned and operated by Cantor Fund Management, offers services and amenities such as private offices, flex space, co-working space, virtual offices, meeting/conference rooms, and more.