Skip to content

Startups: Choosing the Right Coworking Space

As a recently fledged startup looking for somewhere to establish your operations, selecting the right space and environment is critical to future business success. We compare three of Sydney’s most popular coworking spaces on a number of criteria below.

Fishburners

Environment: A not-for-profit organisation, Fishburner’s was founded by veteran venture capitalist Pete Davison and multiple time startup founder, Mike Casey. It aims to foster the pioneering values reflected in its namesake, a supply ship in the first fleet, through extensively supporting the startups that use its collaborative facilities. The expansive space, housing startups in a spacious converted warehouse in Ultimo, has cultivated over 621 startups during its existence. With an expansion planned in the coming months, it is now expected to be able to host over four times the number of its current startups when it moves to its new CBD premises.

Application Process: Fishburners only accepts early stage tech-based startups (less than $20, 000 revenue). If this requirement is met, you must then demonstrate in your application that you have the necessary skills and cultural fit to become a Fishburners Member. More specifically, they want to see startups that have scalability and are indeed executable by the teams behind them

Benefits of Acceptance: Membership at Fishburners entails access to exclusive events, Q&A sessions, workshops and connectors who will put entrepreneurs in touch with relevant industry contacts. There is also plenty of opportunity for skill sharing with employees, team members and mentors from across a range of disciplines. There is also a generous offering of deals for members including free Dropbox Business Account, $2000 worth of Google Credit and complimentary access to Github.

Tank Stream Labs Coworking Space

Environment: In a prime location on Bridge Street in Sydney’s CBD, Tank Stream Labs currently has over 250 full-time members. On-site amenities range from storage, internet and meeting rooms to value adding features like investor networks and being part of a far-reaching start-up community.

Application Process: The application process consists of a quick online form followed by a screening discussion with the general manager. Tank Stream Labs ideal applicants are post-launch startups from with around 2-20 employees. A well developed digital business model is the most valued selection criteria used throughout the process.

Benefits of Acceptance: With a number of dedicated events, 2500 sqm of coworking space and free fibre optic internet, Tank Stream Labs provides ample advantages for joining.

Continue reading this article below the form
Loading form

Stone & Chalk Co-Working Space

Environment: Also situated on Bridge Street, Stone & Chalk aspires to help startups redefine financial services through achieving new levels of customer service and technological delivery. The space comes equipped with secure office suites, board rooms, bike racks and printing facilities.

Application Process: Stone & Chalk focuses exclusively on fintech startups, with an intensive six-month selection process. Overridingly, it seeks to ensure a ventures founders have a vision for disruption through employing fintech, something which they are funded to do so by pre-existing financial giants like Westpac.

Benefits of Acceptance: Once accepted, the benefits more than justify the effort put into the application, with accelerator programs, funding streams and collaboration opportunities with financial industry leaders, government organisations and major technology companies all part of the package.

Key Takeaways

It is important to take account for the factors above and the compatibility of the space with the size and nature of your startup. Beyond the obvious criteria such as the type of startup allowed, a more in-depth enquiry should be undertaken by startups to evaluate the suitability of a coworking space. Questions? Get in touch with our startup lawyers.

Register for our free webinars

ACCC Merger Reforms: Key Takeaways for Executives and Legal Counsel

Online
Understand how the ACCC’s merger reforms impact your legal strategy. Register for our free webinar.
Register Now

Ask an Employment Lawyer: Contracts, Performance and Navigating Dismissals

Online
Ask an employment lawyer your contract, performance and dismissal questions in our free webinar. Register today.
Register Now

Stop Chasing Unpaid Invoices: Payment Terms That Actually Work

Online
Stop chasing late payments with stronger terms and protections. Register for our free webinar.
Register Now

Managing Psychosocial Risks: Employer and Legal Counsel Responsibilities

Online
Protect your business by managing workplace psychosocial risks. Register for our free webinar.
Register Now
See more webinars >
Anthony Lieu

Anthony Lieu

As Head of Marketing at LegalVision, Anthony leads a team responsible for breaking down barriers to accessible legal services.​ ​The firm’s innovative model and digital marketing strategy have transformed how businesses engage lawyers across Australia, the UK and New Zealand.

Read all articles by Anthony

About LegalVision

LegalVision is an innovative commercial law firm that provides businesses with affordable, unlimited and ongoing legal assistance through our membership. We operate in Australia, the United Kingdom and New Zealand.

Learn more

We’re an award-winning law firm

  • Award

    2025 Future of Legal Services Innovation Finalist - Legal Innovation Awards

  • Award

    2025 Employer of Choice - Australasian Lawyer

  • Award

    2024 Law Company of the Year Finalist - The Lawyer Awards

  • Award

    2024 Law Firm of the Year Finalist - Modern Law Private Client Awards

  • Award

    2022 Law Firm of the Year - Australasian Law Awards