Geekdom Ends Coworking After 20 Years, Launches $100 Startup Memberships in October
Updated
Updated · San Antonio Report · Aug 16
Geekdom Ends Coworking After 20 Years, Launches $100 Startup Memberships in October
1 articles · Updated · San Antonio Report · Aug 16
Summary
September will mark the end of Geekdom’s coworking contracts, with the San Antonio incubator shrinking from nearly 50,000 square feet across four floors to one floor in the Rand Building.
October brings a new $100-a-month membership model as Geekdom redirects staff and programs toward startups already operating but still struggling to reach profitability in the “valley of death.”
Charles Woodin said founders rarely ask for desks and more often need help finding customers, investors and product-market fit, prompting Geekdom to treat itself more like a founder-support connector.
Pat Matthews of Active Capital called the smaller coworking footprint a rational response to how founders work today, though he said San Antonio still faces wider hurdles including geographic sprawl and talent and funding pull from Austin, 70 miles away.
Geekdom says early-stage idea support will continue through Launch SA, while founders such as KeepTabz’s Franklin Morris argue stronger business-side help could matter more than keeping a dedicated office.