Successful Companies That Started in Coworking Spaces | The Odyssey Online
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Successful Companies That Started in Coworking Spaces

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A coworking space is an ideal workplace for new startups and entrepreneurs where they get traditional office resources at nominal rental costs. Working in shared office space provides lots of benefits and networking opportunities provided by it help the entrepreneurs to establish useful connections and get new business ideas. Owing to its increasing popularity, many big companies have also started choosing coworking spaces as their workstations. These are not just in statements; many successful companies that are now multimillion corporations got started from coworking spaces. Take a look at some of these successful coworking companies and know about their journey.

1. Instagram

Instagram is one of the best examples of successful startups. The image-based social platform was created by Mike Krieger and Kevin Systrom in just eight weeks in Dogpatch Labs- a coworking space in San Francisco. Today's most popular photo-sharing app was developed as a simple idea when the two cofounders locked themselves in conference room of the coworking office to analyse which key elements of earlier business worked. Later, it was purchased by Facebook for over $1 billion. Instagram is the best example to prove that coworking spaces provide you the required space without any distractions.


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2. Spotify

Spotify is another successful startup that started from a San Francisco based coworking space named RocketSpace. The company has provided around 159 million of its active users with podcasts and music directly on their devices. The company has an estimated value of $8 bn today and is among the most successful and recognizable companies across the world.

3. Uber

Coworking spaces are undoubtedly great places for opportunities and exposure and this can be proved with the story of the transport giant Uber. It has successfully grown into a worldwide transport service provider. Uber initially started from a coworking space in New York and then in San Francisco, from the same coworking place from where Spotify stared. A team of 8 members including the co-founders Garrett Camp and Travis Kalanick started their operations from RocketSpace back in 2011. Today, Uber is present in 80 countries worldwide and has made catching a ride easier than ever. The ideal work environment of the coworking space gave their team members liberty to transform their business idea into a product without wasting their initial funds on expensive offices.

4. Indiegogo

The largest crowdfunding portal started in a coworking space in San Francisco. The young entrepreneurs have amazing ideas but lack of funds. Choosing a coworking space to start a company was a brilliant idea as support and crowdfunding is always welcomed by coworking members. The company today has raised over $ 1.5 bn through its crowdfunding platform.

5. Ziprecruiter

Ziprecruiter is a top name in the recruitment industry that has made finding jobs easy for suitable job candidates. It has lot to offer to its users. Ziprecruiter got started in a Los Angeles based coworking space. The successful company is helping many other businesses to earn money by recruiting right talent.

6. Ofo

The Chinese bike-sharing startup also started from a coworking space and is delivering its services successfully in 21 countries worldwide. The startup gave people an easy access to hire a cycle without worrying about how to lock it and where to leave it. This all is managed through a smartphone app. Ofo is now the largest cycle-sharing company that is promoting sustainability with its environment-friendly approach.

7. Timehop

The popular app Timehop, which is known as Facebook today, was built in a coworking space by its founder Jonathan Wegener. Jonathan describes coworking space as an amazing home to the independent entrepreneurs and workers in New York City that became a technology hub for most of people.

These success stories are a clear proof of how successful coworking can take a new startup to the heights and help in making them world-known brands. The networking opportunities, collaboration and shared ideas are some of the values gained from shared office space and just like these successful companies, these values can act as key to your massive success.A coworking space is an ideal workplace for new startups and entrepreneurs where they get traditional office resources at nominal rental costs. Working in shared office space provides lots of benefits and networking opportunities provided by it help the entrepreneurs to establish useful connections and get new business ideas. Owing to its increasing popularity, many big companies have also started choosing coworking spaces as their workstations. These are not just in statements; many successful companies that are now multimillion corporations got started from coworking spaces. Take a look at some of these successful coworking companies and know about their journey.

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This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
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