Wework Buys Meetup Instant

: The acquisition allowed WeWork to use Meetup’s data to predict who was organizing events and market WeWork spaces to those organizers . Timeline and Ownership Changes November 2017 Acquisition WeWork buys Meetup for an estimated $156–$200 million . 2018 Leadership Change

Meetup co-founder Scott Heiferman stepped down as CEO; David Siegel took over . Divestiture wework buys meetup

WeWork officially acquired Meetup in November 2017 for approximately . While the specific financial terms were not officially disclosed at the time, reports from Axios and other outlets valued the deal at roughly $200 million . Strategic Rationale : The acquisition allowed WeWork to use Meetup’s

: Meetup brought a social network of 35 million members to WeWork, helping the company fulfill its mission of "connecting people to their purpose" . wework buys meetup