How is the WeWork Founder Still Rich?!

Published: 17 December 2023
on channel: Slidebean
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WeWork, once valued at an astounding $47 billion, initially impressed with its vision to transform office spaces. Founded in 2010, the company's rapid rise under Adam Neumann and Miguel McKelvey promised flexible workspaces. However, as it approached its 2019 IPO, revelations of substantial losses and governance issues led to the cancellation. The question lingers: was WeWork's unicorn status a genuine success, or did it hide deeper issues?
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