WeWork's Rise and Fall: A Cautionary Tragedy
WeWork, the once-promising coworking startup, has officially filed for bankruptcy after years of unraveling. Co-founder Adam Neumann's excessive behavior, including smoking marijuana on private jets and leaving planes covered in vomit, has been revealed. The company also embarked on ambitious side projects such as a primary school and co-living spaces. WeWork's downfall began with its failed attempt to go public in 2019, which exposed significant losses and conflicts of interest. The Covid-19 pandemic further exacerbated the company's struggles as remote work became the norm. Neumann, who was ousted in 2019, expressed hope for WeWork's future despite the bankruptcy.
- The wildest moments of WeWork’s rise CNN
- WeWork's end, Neumann's return? Who's left holding the bag, and what comes next CNBC Television
- WeWork—until WeDon't Quartz
- The cautionary tragedy of WeWork and the zero interest rate delusion Washington Examiner
- WeWork goes from $47B valuation to bankruptcy The Real Deal
Reading Insights
0
0
5 min
vs 6 min read
91%
1,046 → 98 words
Want the full story? Read the original article
Read on CNN