WeWork Part Four- I Only See We

Finally! FINALLY! The investors have started to realize that WeWork is a financial Black Hole and maybe they should stop giving them money.  All of WeWorks  life rafts abandon them and they are forced to finally turn to public investments. 

We learn about their last minute delusional attempt to produce an IPO called Project Wingspan. After their first few attempts fail due to questionable financials and sloppy documentation, Adam is finally forced to resign. And not long after that  WeWork was forced to file  for Bankruptcy.

If you want to know how a company valued at $47 Billion could possibly go bankrupt, this is the episode for you! Enjoy!

Sources:
“Billion Dollar Loser: The Epic Rise and  Spectacular Fall of Adam Neumann and WeWork" By Reeves Wiedeman (2020)

“WeCrashed: a Loves Story Worth $47 Billion" By Drew Crevello and Lee Eisenberg Apple TV(2022)

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