The Hatchery Launches a Fashion District Coworking Space and a ‘Sweat Fund’ To Help Startups Close Deals
If you hadn’t heard, office space in New York is increasingly hard to come by. The Hatchery, the startup advisory firm behind the infamously rigorous pitch events “Are You Serious?” and The Gauntlet, wants to help with that–and a whole host of other problems early-stage startups have to deal with, such as finding customers and growing revenue.
To that end, Hatchery founder Yao-Hui Huang is launching the Hatchery 500, named after the space’s address at 500 Seventh Avenue at 37th Street. The 16,000 square foot space offers shared desks ($450/month), dedicated desks ($850/month), and offices (starting at $3,100/month). There are plasma-enabled conference rooms and a 1 gig+ fiber connection. But the real draw is likely the collaborative milieu, which includes events, workshops and the chance to apply to something called the Sweat Fund. Please allow Ms. Huang to explain. Read More