BetaWorks, a start-up platform responsible for internet companies such as Giphy, is introducing a brand new business. BetaWorks Studios, a membership club for builders, is offering entrepreneurs and creatives the space to work on their projects. John Borthwick, CEO of BetaWorks, and Daphne Kwon, BetaWorks Studios COO and President, joined us to break down the companies new venture. John explained that entrepreneurs, as well as creatives and freelancers, will be able to collaborate in the new Studios tech hub. They aren't the only game in town, however. SoHo House, a competitor, operates down the block and offers an annual membership with access to 18 locations. Borthwick said their incubator will be better because of the deep expertise within the BetaWorks network, which has helped bring internet companies such as Giphy to life.

Share:
More In Business
All Buybuy Baby Stores Are Set to Close 
The ongoing liquidation of parent company Bed Bath & Beyond has now officially affected buybuy BABY stores. A judge has approved the sale of the chain's intellectual property for $15.5 million. 
Airline Costs Are Cooling This Summer
Prices for airfare seem to be cooling off. The latest consumer price index showed prices dropped 8.1 percent in June from a month earlier, which is the biggest decline in a year.
Load More