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 • 3m
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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India needs Something as big as ( or more ) then ".com boom" in 1999. People were investing Money in anything and even the Loss were a Profit at that time. A guy planned his IPO before even Incorporating his Company. Money was getting Invested withou
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