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News@lemmy.world · 1 year ago

Once valued at $47 billion, coworking-space provider WeWork nears bankruptcy

arstechnica.com

cross-posted to:
hackernews@lemmy.smeargle.fans

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Once valued at $47 billion, coworking-space provider WeWork nears bankruptcy

arstechnica.com

ickplant@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
hackernews@lemmy.smeargle.fans

WeWork bankruptcy filing may happen next week as market cap falls to $60 million.

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1 year ago
CEO was a classic god-complex character who thought everything that came from his ass was magic. They expanded way too quickly and never had a path to profitability. Pretty sure they were cooked before the pandemic, which is even worse.

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