WeWork acquires New York social network Meetup

WeWork agrees to acquire Meetup, the New York-based social network that helps organize offline meetings; source says deal is valued at ~$200M

WeWork: As the world gets more and more connected every day through technology, we’re actually finding that people are more disconnected now than ever. When we launched WeWork back in 2010 we saw our opportunity to build community by bringing people together. Everything we did had intention, from designing common areas where people could meet over a cup of coffee, to sponsoring social events where entrepreneurs could meet others in their industry. 

And it is with that purpose in mind that I’m excited to share with you today that we are welcoming Meetup to the WeWork family. A lot of CEOs talk about community. But Meetup CEO Scott Heiferman has a unique insight into the concept. His definition of community is simply “people talking.” I’m thrilled that as our two companies come together, Scott will continue to lead Meetup. He’ll keep growing the platform, helping each of its 35 million members “connect with people who’ll make their lives better in some way.”

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