In today's society, there are many alternative ways to work from telecommuting to co-working spaces, but what's in store for the future of this trend? Preston Pesek, Co-Founder & CEO of Spacious, and Jason Feifer, Editor-in-Chief at Entrepreneur, join This Changes Things to discuss how companies are encouraging their employees to work outside the office.
Spacious is an app that allows people to check into restaurants that don't open until 5 pm, and use the space as a working environment. Pesek says that mainly freelancers use the space. People can pay a membership fee of $95 a month and bill their company. He says this eliminates all the reimbursements that companies receive for meals or coffee from employees. It may even be financially smarter for the company.
Feifer says 65% of large companies are expected to use some form of co-working space by 2020. Pesek piggybacks off that, and discusses the social aspect of a co-working space. He believes networking is the main reason people want to join apps such as Spacious.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
