Coworking spaces now taking the shape of integrated campuses or villages VISHAL  GUPTA  Co-­‐founder  and  CEO  

Brussels,  28th  Nov  2016  

My professional journey Evolution of my career

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Vishal  Gupta  Entrepreneur  |  Investor  |  Ex-­‐  Investment  Banker  |    Startups,  Technology  &  Coworking  

MISSION:  To  develop  the  ecosystem  for  entrepreneurship  and  inves9ng  in  entrepreneurship  by  breaking  barriers  to  informaLon,  access  and  investment  

Investment  Banker  

Corporate  Business  leader  

Investment  Manager,  Advisor,  Freelancer  

2002  

2012  

2015   Full-­‐9me  entrepreneur,  investor  and  connector  

Hong  Kong  

London  

Property  

Renewables  

Tech  

India  

How the coworking narrative has changed

Serviced offices being replaced by coworking spaces “Coworking is a stlye of work that involves a common working

environment, typically an office, but where activity is independent. It’s much more than a place to do business, it’s a community.”

Coworking spaces now taking the shape of integrated campuses or villages

“But these spaces are not just business hubs, they’re cultural and social hives of activity. They attract the best architects to work on them, host the hottest parties and in the process continue to blur

the lines between work and play.”

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Evolution of Coworking in London From cafe to campus to city?

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2011  

2012  

2014   2016  

2015-­‐16  

2017  

2017  

Cafe  

Shared  workspace  

Members  club  

Cluster  

Campus  

Village/  city  

Shoreditch Grind

Google Campus

SecondHome

Interchange

RocketSpace

Plexal at HereEast

50  ppl  

300  ppl  

500  ppl  

1,000  ppl  

1,500  ppl  

5,500  ppl  

Google Campus London The original campus

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•  Opened in 2012 as part of UK government’s Tech City initiative

•  Developed by Google with a total project cost of £2.2 million

•  25,000 sq ft, seven storey building •  Series of flexible workspaces, accelerator

programmers and hot desking areas •  200 desk spaces, 16 meeting rooms, 2 presentation

and event spaces, informal work + break out spaces •  Catalysed startup community around Tech City

“Proud of the role Campus is playing in building the ecosystem to continue to grow London as one of the world’s most exciting technology centres“

Interchange Regenerating Camden Market with Coworking “cluster”

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•  Market Tech acquired cluster of adjoining retail markets in Camden for $650 million

•  16 acre of prime real estate portfolio in Camden Town •  Developed 84,000 sq ft coworking campus across 3

locations •  Expanding to 1,500 desks in 2017 •  Thematic sub-concepts – music, fashion

“Interchange will continue this tradition of Camden as a business and creative hub, by bringing new, innovative companies and opportunities to the area”

Triangle   Atrium   Utopia  

13,000  sq  U   30,000  sq  U   45,000  sq  U  

RocketSpace London – Opening Spring 2017 Globalising San Francisco Campus

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•  Started with $20,000 and 30 desks in 2011 •  Now 7-floor campus in SF – alumni include Uber, Spotify,

Supercell •  Raised $336 million from Chinese conglomerate HNA Group

to fund its global expansion •  Developing London site in collaboration with RBS •  Located in Angel – expanding tech corridor •  1,500 capacity – teams ranging from 1 to 100 •  Events space, outdoor space, cafe •  Focus on later stage companies – post incubator/

accelerator •  Corprate-startup collaboration

“RocketSpace provides all the tools necessary to bring the future to market, from programming to consulting, events to office space”

Plexal @ Here East – Opening Spring 2017 Transforming the London 2012 Olympic Park

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•  Developed by technology consultancy firm Entiq and British property developer Delancey

•  Here East: Turning former Olympic press centres into new spaces for technology companies, universities, startups, and creatives

•  Plexal: “Innovation centre with a high street” •  5,500 capacity, 250,000 sq ft campus across 4 floors •  Designed to resemble a "mini city" and comes with a

"high street,” "civic spaces" and "private spaces.”

“We know that this is where innovation really happens. In market places, in souks, on these high streets. Replicating this within the centre was at the

forefront of our minds.”

Plexal @ Here East – Opening Spring 2017 The blueprint

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Source:  Business  Insider  UK  

Project  cost  Plexal:  £15  million  

Here  East:  £150  million  

What hybrid ecosystems look like

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Incubators    

GestaLon  focus  5-­‐15%  equity  

Discounted  services  Equity-­‐based  rent  

Accelerators    

Investment  focus  3-­‐10%  equity  

Structured  programme  Equity-­‐based  rent  

Coworking    

Community  focus  No  equity  

Events  +  networking  Cash-­‐based  rent  

Hybrid  Ecosystems    

Industry  incubator  host  In-­‐house  accelerator  Investment  fund  Coworking  space  Corporate  offices  

Office 4.0: It has arrived Commercial office business is increasingly complex

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Office  1.0   Office  2.0   Office  3.0   Office  4.0  

Serviced  Offices   Coworking   Serviced  Office  +  Coworking  

Ecosystem  

Office  only   Workspace  

Community  

Workspace  

Community  

Delivering  the  above  with  choice  

and  at  scale  

WeWork  Model  Regus  Model   *NEW*  Model  

Workspace  

Lifespace  

Community  

Design  

Resources  

Online  plaborm  Peripheral  locaLons  

Prime  locaLons  –  Grade  A  commercial  

Later today

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Office 4.0: Real Estate Masterclass

The new model for commercial office and coworking industry What to do to arrange a shared revenue deal with landlord, manage lease cost and risks?

Contact details

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Vishal Gupta Co-founder, CEO

Founder  

Tech   Startups   SocialMedia  

London, United Kingdom

www.kabeela.life

vishal@kabeela.life +44 (0) 7788 491 774

Investment  

Fundraising   Community  

@vishthink

Coworking