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2024-08-05T11:49:55.801Z

WeWork's Rise and Fall 2010: Adam Neumann co-founds WeWork Concept: Trendy coworking spaces 2014-2018: Rapid expansion • Raises billions in funding • Valuation hits $47 billion • Opens locations globally 2019: IPO attempt reveals issues • Massive losses exposed • Neumann's conflicts of interest uncovered • Corporate governance problems highlighted September 2019: Neumann forced out as CE October 2019: SoftBank bailout • $9.5 billion rescue package • Valuation plummets to $8 billion 2020-2021: Pandemic struggles • Empty offices • Lawsuits from investors 2021: SPAC merger • Goes public at $9 billion valuation 2022-2023: Continued challenges • Persistent losses • Multiple CEO changes • Stock price decline Lessons: 1. Sustainable growth trumps rapid expansion 2. Proper governance is crucial 3. Beware of charismatic leaders without checks 4. Profitability matters, not just vision A tale of hype, mismanagement, and the dangers of prioritizing growth over fundamentals Fllw fr more

Anonymous

Stealth • 4m

Hello guys, i am having a product owner assignment from a startup company. This is for college students mainly. So what are your pain points and needs when you are preparing for an exam. You can mention your scenarios, problems or a kind of thing you are expecting to be there to make it easy for you. If you are a college student pls respond and mention your pain points, needs and what kind of thing you are looking for. Pls answer anything you want. It's very imp for me. Thanks in advance.

0 replies3 likes

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