While coworking spaces began as places for freelancers and startups to rent a desk and gain an office-like community, the industry has become a big business in and of itself. WeWork, arguably the best-known network of coworking spaces received a (likely inflated) $10 billion valuation in 2015. Meanwhile NeueHouse, a "private work collective" based in Manhattan, raised $25 million—and has used the investment to open its Hollywood outpost inside the landmarked CBS Radio Building and Studio.