WeWork sells off social network Meetup to AlleyCorp & other investors

Meetup being spun out from WeWork & sold to AlleyCorp and other private investors for an undisclosed sum, David Siegel will remain Meetup CEO & board member, and will continue to lead the company Meetup serves 49 million registered members and 230,000+ organizers who create an average of 15,000 in-person events per day. Meetup groups will continue to operate, as will Meetup’s enterprise business solution, Meetup Pro, which has been used by over 1,500 clients to date, including Adobe, Google, Microsoft Azure, IBM, Twitter and Looker, among others.

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