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Somewhat misleading headline; they will be spun off in 2.5 years from WeWork. It's good news... as long as they survive that long. WeWork is cratering, I hope
by octokatt 7y ago
Somewhat misleading headline; they will be spun off in 2.5 years from WeWork.
It's good news... as long as they survive that long. WeWork is cratering, I hope it doesn't take Meetup with it.
- callmekit 7y agoIt spins off now. Also from the email they sent today: "Today we’re announcing that Meetup is no longer a subsidiary of WeWork and has been acquired by a group of investors dedicated to continuing our mission." 2.5 years in the linked article refers to the fact that WeWork acquired Meetup 2.5 years ago.
- chrisa 7y agoThe 2.5 years is how long Meetup has been owned by WeWork. So I believe the sale/spinoff is right away, and that comment in the article is just how long they happened to be apart of WeWork
- christefano 7y agoStill a misleading title. Meetup isn’t being spun off. CEO David Siegel even sent out an email this morning (I’m an organizer who pays $200 / year for the privilege) with the same title. Meetup was acquired by AlleyCorp and “other private investors” according the the TechCrunch article.