Humble Roots from Coworking

There are a lot of successful companies that began from affordable offices and benefited immensely from experience. Not all start-ups can afford to buy or rent traditional office spaces. Thankfully coworking offers desirable solutions. Working alongside varying industries can be an excellent way to improve one’s business. It provides opportunities for networking, collaboration, and ideas sharing that can take start-ups to unpredictable heights.

Here are some global companies that began in a coworking space:

1. Uber

This transportation service was born in 2009 on a winter night in Paris when two young men failed to get a cab after attending a tech conference. A few people know that the founders started Uber in a shared office space in New York and continued to operate from a coworking space in San Francisco a few years later. Today, the company has become a global necessity, serving customers in over 10,000 cities. The app downloads reached 6.4 million in the US alone.

2. Spotify

Spotify was developed as a response to the growing piracy problem in the music industry. It allows users to listen to songs of their choice by paying a monthly subscription. This Swedish audio streaming service has origins that are humbler than most corporations. They started as a small start-up in a tiny office-cum-apartment, then moved to a shared office space rental above a coffee shop a few years later. It has grown into a company that is worth over £20 billion.

3. Indiegogo

This crowdfunding platform for young entrepreneurs started in one of the coworking spaces in San Francisco. The founders wanted to help start-ups and innovation seekers more than anything, so setting up a coworking space was a smart move. Today, the platform gains over 10 million visitors per month, with members in 235 countries and territories. It has also collected over $1.5 billion in total funding.

4. Instagram

Everybody knows that Facebook now owns this photo and video sharing social networking service. But Instagram is another example of a successful start-up. The concept was developed in a collaborative office space in San Francisco and grew from a very simple operation. Since then, the app has become a worldwide phenomenon gaining millions of users, including the most prominent Hollywood celebrities.

5. Hootsuite

Hootsuite is an essential tool for social media managers, allowing them to help people connect with communities they live in and the brands they love. The founder started building the idea with a small team in a coworking space in San Francisco. According to the company, coworking enabled them to gain valuable connections, which helped them thrive. They are now the leader in social media management, with over 18 million customers and counting.

Signing up for a coworking space in Dubai could ultimately start a life-changing venture. It can keep expenses low while making valuable amenities available. More so, coworking can provide entrepreneurs great networking opportunities. Austria Business Center is a leading provider of collaborative workspaces that can help your business grow. Call us today at +971 4 454 9700 to book an office tour!