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.
It's good news... as long as they survive that long. WeWork is cratering, I hope it doesn't take Meetup with it.
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.
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
Meetup was acquired by AlleyCorp and “other private investors” according the the TechCrunch article.