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
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Anonymous 1
Stealth • 5m
I think Softbank’s Masa was at fault too. A lot of money was committed without any due diligence.
0 replies1 like
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