NOAH Top Picks MICHAEL GROSS | WEWORK Vice Chairman SPEAKER BIO Michael Gross is the Vice Chairman of WeWork, a platform for creators, providing the space, community, and services needed to make a life, not just a living. Michael joined the company in 2013. Previously, at the young age of 36, Michael took on the lead role at Morgans Hotel Group as CEO. He oversees properties in New York, Los Angeles, Boston, San Francisco, Miami and London. Michael originally joined Morgans’ Board of Directors in 2009 as a nominee of Yucaipa American Alliance Fund. From 1998 to 2007, he focused on consumer and real estate companies with various investment and research roles at Prentice Capital Management, S.A.C, Capital Advisors, Lehman Brothers, and Salomon Smith Barney. Hegraduated with a Bachelor of Science from Cornell University’s School of Hotel Administration. KEY CORPORATE FACTS & KPIs COMPANY OVERVIEW Headquarters New York, NY, USA WeWork is an American company which provides shared workspace, community, and services for entrepreneurs, freelancers, start ups and small businesses. Founded in 2010, it is headquartered in New New York City, Brooklyn, London, Los York City. As of March 2015, WeWork had 29 co working locations in 10 cities around the world with Office Locations Angeles, Austin, Amsterdam, Chicago, Miami plans to expand to 60 locations by fall 2015. WeWork designs and builds physical and virtual communities in which entrepreneurs share space and Founded 2010 office services and have the opportunity to work together. The company’s 20,000- some members have access to health insurance, an internal social network, social events and workshops, and an annual No. of Employees 250 summer retreat. Active Markets US, Europe Business overview Space, community and services for business Key Financials Estimated EV: $16bn Key Investors Goldman Sachs, Wellington Management, Fidelity Total Funding $1.43bn raised Website wework.com 108