WeWork Files for Bankruptcy: How We Got Here | WSJ What Went Wrong

WeWork, once a-venture-capital darling, has filed for Chapter 11 bankruptcy. Co-founded in 2010 by Adam Neumann, the filing marks a reversal for the company that specialized in leasing shared workspaces and was once valued at $47 billion.

WSJ breaks down how the desk-rental company went from one of the world’s most valuable startups to a bankrupt penny stock.

0:00 WeWork files for bankruptcy
0:42 WeWork’s background
2:06 A failed IPO and Adam Neumann
3:41 Pandemic’s impact on WeWork
4:09 What’s next?

What Went Wrong explores the challenging conditions and decisions that led to a company’s downturn.

#WeWork #Bankruptcy #WSJ

On November 7, 2023 By Robert Johnson

• Breaking News