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Even as WeWork goes bankrupt, co-working is poised to survive and thrive

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Enterprise software startup investor on the AI boom | Sustainable chicken sandwich startup opens fir

Enterprise software startup investor on the AI boom | Sustainable chicken sandwich startup opens first brick-and-mortar restaurant ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: Seattle's coolest holiday party returns Wednesday, Dec. 6th: [Get your tickets today for the 2023 GeekWire Gala!]( TODAY'S TOP STORIES What’s the future of co-working in the wake of WeWork’s bankruptcy? In Seattle, where we met with co-working operators and users, the office-sharing concept looks poised to survive and perhaps even thrive as employers cut their real estate footprints and cope with workforces that have settled into remote and hybrid models. - In Seattle, at least two dozen spaces previously listed on [GeekWire’s incubators/co-working spaces]( resource page are no longer in business, including The Riveter, Impact Hall, Atlas Networks, Galvanize, Hing Hay Coworks, Ballard Labs and Office Nomads. - But new spaces are moving in to fill the post-pandemic void and other established companies — such as The Cloud Room in Capitol Hill (above) — have hung on and in some cases are even growing. [Read more](. Sustainable chicken sandwich startup Mt. Joy raised $1.5 million and opened its first brick-and-mortar location in Seattle. Co-founded by tech entrepreneur Robbie Cape and restaurateur Ethan Stowell, the new spot follows a food truck launch earlier this year. [Read more.]( “We're entering a completely different era of how intelligence works.” That’s the view from Sheila Gulati, managing director of Seattle venture capital firm Tola Capital, which just raised $230 million for its third fund to back more enterprise software startups. Gulati, a former Microsoft leader who helped launch Tola in 2010, says the AI boom will be similar to cloud transformation — but with more speed and velocity. [Read more](. Hot Links: - Turkey-Shoot Clusterf***: That’s how some employees at Microsoft described the chaos ensuing from OpenAI’s decision to oust Sam Altman last month, according to a reporter who had a front row seat to the drama. ([The New Yorker]( - Pause, please: Starbucks is rolling out new features to let overwhelmed baristas pause mobile orders. The change comes after protests by unionized baristas, though the company says it’s unrelated. ([Bloomberg]( - Washington state Attorney General Bob Ferguson said Meta “exploited harmful features to maximize profit” and “ignored repeated warnings from their employees and researchers,” responding to new information unsealed in a federal complaint accusing the social media giant of harming youth mental health. ([ATG WA]( - Housing market predictions: Homebuyers may have more options, improved affordability, and new AI-powered search tools in 2024. ([Zillow Group]( Thanks for [subscribing]( to the GeekWire newsletter, and have a great weekend. — GeekWire managing editor Taylor Soper, taylor@geekwire.com, and GeekWire reporter Kurt Schlosser, kurt@geekwire.com. SPONSOR MESSAGE [PULL TOGETHER]( When the UW student-athletes pursue greatness, we rally behind them. We always have, and we always will. Help the UW build from their shared legacy – and create the next chapter. [Join in. uw.edu/pulltogether]( LATEST HEADLINES [Sustainable chicken sandwich startup lands $1.5M and opens first brick-and-mortar spot in Seattle]( [Even as WeWork goes bankrupt, co-working is poised to survive and thrive in other spaces]( [Why this enterprise software investor is bullish on AI — and how she’s assessing new startups]( GEEKWORK: TODAY'S TECH JOBS - [Seattle Sounders FC: Director of Lifecycle Marketing]( - [INRIX: Lead Software Engineer]( - [INRIX: Lead Software Engineer, Big Data]( - [City of Redlands: Geographic Information Systems (GIS) Analyst]( - [City of Redlands: IT Systems Supervisor]( - [City of Newport: Systems Administrator I or II]( - [INRIX: Finance Pricing Manager]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2023 GeekWire LLC, All rights reserved. You are receiving this email because you opted to receive emails from GeekWire LLC.  Our mailing address is: GeekWire LLC 123 NW 36th St, Suite 203 Seattle, WA 98107  [change email frequency or address]( | [unsubscribe](

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