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Vansh Khandelwal

Full Stack Web Devel... • 1m

WeWork, which aimed to revolutionize collaborative workspaces. However, its aggressive expansion led to a significant mismatch between supply and demand, resulting in financial strain. The company’s heavy investment in long-term leases became unsustainable as occupancy rates fluctuated. Additionally, side ventures diluted its core focus, and conflicts of interest arose from the founder's dual role as landlord. It also used Special Purpose Acquisition Companies (SPACs) as an alternative public offering route to raise more capital. The key lessons from WeWork's experience, such as the importance of sustainable growth, financial discipline, strong leadership, and maintaining focus on core competencies. Ultimately, WeWork's story serves as a critical reminder of the potential pitfalls in entrepreneurship.

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