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Tag Archives: RM10mil

How A M’sian Coworking Space Bagged RM10mil Funding Despite COVID-19 & WeWork’s Delayed IPO

“The delayed WeWork IPO and COVID-19 pandemic has definitely made funding a little harder to raise than in previous rounds,” Stephanie Ping, WORQ CEO and co-founder told Vulcan Post. “Investors are much more discerning in this environment and demand solid numbers and conduct heavy due diligence on our business model. …

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Despite RM10mil In Funding, Here’s The Real Reason Why Offpeak Shut Down After 5 Years

Author’s Blurb: Recently we got news that Offpeak had ceased operations, so we reached out to co-founder Lau to learn what went wrong. He was brave enough to lay it out in detail (and we’re thankful for that), so hopefully the lessons learnt are ones that startups in similar positions …

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