A WeWork rival gets ready for an IPO, even as offices stay s

Once valued at $47 billion, battered and bruised coworking startup WeWork saw its valuation drop to $2.9 billion as the coronavirus compounded the SoftBank-backed company’s woes.

Now a competitor is gearing up for an initial public offering soon.

Industrious, a coworking startup with over 95 locations in the U.S. told Bloomberg Friday that it has begun interviewing investment bankers ahead of a potential IPO slated for the spring or summer of 2021 and will add Mary Hogan Preusse, a...

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A WeWork rival gets ready for an IPO, even as offices stay shut