Wework-2018年经济影响报告（英文）-2018-48页-14mb

WeWork Economic Impact Report Summary (2018)

Core Content

WeWork is a global co-working and community space provider that aims to transform the way people work and live by creating dynamic, collaborative environments. Founded in New York City in 2010 by Adam Neumann and Miguel McKelvey, WeWork has grown into a significant player in the innovation economy, offering over 250,000 members across 22 countries and 74 cities. The company operates in both physical and virtual formats, providing space, community, and services to support a diverse range of individuals and businesses.

Main Points

• Urbanization Trends: By 2050, over 70% of the world's population will live in cities, with a majority being millennials. This shift highlights the importance of urban spaces in driving economic activity and innovation.
• Economic Impact: WeWork has a substantial economic impact, contributing significantly to the GDP of major cities like New York, Los Angeles, and Chicago. For example, WeWork generates $16.7 billion (2.1%) of NYC's GDP, $4.4 billion (0.7%) of LA County's GDP, and $1.9 billion (1%) of Chicago's GDP.
• Employment and Growth: WeWork supports the growth of small businesses and startups, with a 12% higher survivability rate for new businesses compared to the national average. It also helps companies save costs, with a company of 4 employees saving $18,000 annually by using WeWork.
• Talent and Diversity: WeWork attracts a highly educated and diverse workforce, with nearly half of its U.S. members aged 25-34 and holding at least a bachelor's degree. The platform also supports women and minority entrepreneurs, with a notable presence of female members in Los Angeles.
• Neighborhood Impact: WeWork brings new people and businesses into neighborhoods, increasing local economic activity. Approximately 70-80% of WeWork members in NYC, LA, and Chicago did not previously work in those areas, thus injecting new spending into local restaurants and shops.
• Sustainability and Mobility: WeWork encourages sustainable mobility by promoting public transit, walking, and biking among its members, especially in smaller cities. It also contributes to more efficient use of space, reducing a city's carbon footprint.
• Community and Innovation: WeWork fosters a sense of community and innovation, supporting local initiatives and global movements. It has partnered with notable organizations like the Rockefeller Foundation, Google, and the Flatiron School, and has launched initiatives such as the Access Labs Initiative and the CREATOR Awards.

Key Information

WeWork's Global Reach

• 253 buildings in operation.
• 1M+ sq ft of space added per month.
• 50,000+ member companies.
• 3,000 veterans and refugees pledged to be hired in the next 5 years.
• 30,000+ community events annually.

Economic Contributions

• GDP Contribution: WeWork contributes to the GDP of major cities, with specific figures for New York, Chicago, and Los Angeles.
• Tax Revenue: WeWork generates significant tax revenue for states, including New York ($298 million), Illinois ($23 million), and California ($93 million).
• Multiplier Effect: The economic multiplier effect varies by city size, with major cities averaging 2.1x, mid-sized cities 1.9x, and smaller cities 1.6x.

Membership and Community

• Member Demographics: WeWork members are diverse in age, gender, and educational background.
• Community Engagement: WeWork supports local communities through initiatives like the CREATOR Awards and by providing a platform for startups and entrepreneurs.
• Partnerships: WeWork has acquired and partnered with companies like Meetup and Conductor, enhancing its services and reach.

Future Vision

• WeWork is committed to continuing its growth and innovation, aiming to create economic opportunity globally.
• The company is expanding its network of spaces and is investing in future projects and initiatives to support the evolving needs of individuals and businesses.

Conclusion

WeWork is not just a co-working space provider; it is a catalyst for economic growth, innovation, and community development. Its impact spans across cities, contributing to GDP, tax revenue, and job creation. By fostering a dynamic and inclusive environment, WeWork is playing a pivotal role in shaping the future of work and urban living.