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Home / Blog / From Co-working space to corporate giants

From Co-working space to corporate giants : Success stories of the company which started small.

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Did you know? Around 72% of people are more productive after joining a coworking space. Let me show you some proof!

A place where you work is not just a place to sit and spend time. Your workspace and the environment there makes a huge impact on your work. Productivity is the factor which is affected by your environment. It is important to choose your working space wisely as we need to prepare for our future with our work. There are many such brilliant minds who started from a coworking space who now own a multi-billion dollar company.

Instagram :

As you may already know, Instagram is a photo and video sharing social media platform founded in 2010. Almost everyone across the world who uses a smartphone knows what Instagram is. With an estimate of around 1.7 billion users worldwide, Instagram is taking the graph upon the roofs for social media apps. But something you might not know is that Instagram also started from a coworking space in San Francisco, California. Kevin Systrome along with Mike Kreigar found this application which was initially called Burbn, and the rest is history!

Uber :

Uber is a company which provided employment and boosted up the business for many drivers. The masterminds behind this were Travis Kalanick and Garret Camp. Because of this app, many people are now able to travel without any sort of hassle. Uber started in a co-working space called RocketSpace in San Francisco. It is now a globally recognised brand and a multi billion dollar company.

Spotify :

Spotify is a wildly popular music streaming platform which, nowadays, we can find on every youngster’s phone. This, too, started in a coworking space, RocketSpace California. Spotify allows their employees to work from anywhere and also provides subscriptions for coworking spaces for them. Spotify was founded by Daniel Ek and Martin Lorenzon as a response for widespread piracy, in 2006. Spotify is now at peak success with 300 million monthly active users and 100 million paying subscribers. Spotify’s annual revenue crossed $11 Billion in the year 2022.

Indiegogo :

Indiegogo is a crowdfunding portal to encourage budding entrepreneurs.This company started in 2008. Till the current date, Indiegogo has managed to crowdfund more than $1.5 Billion. It is one of the oldest companies which joined the concept of coworking, as it also started in a coworking space in San Francisco, California. Due to this decision they could easily manage the finances according to plan by avoiding extra expenses needed in an office.

In the history of coworking spaces, there are countless companies which sprouted from humble beginnings then reached remarkable success, with the promise of even more rising stars on the horizon. Are you still waiting for the right time to join a coworking space? Why not make this time right!

– Shreya Nair

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