bearish
Gravity Works As WeWork Doesn't; Now Plan B
1.6k Views17 Sep 2019 17:47
It's official: The We Company (WeWork) (WE US) has decided to pull its IPO for now, but still expects to complete it by yearend.Don't hold your...
Boomeranged on Thu, 2 Nov 2023 06:44
WSJ reports that WeWork will file bankruptcy next week, pending ongoing discussions with its beleaguered creditors. Surprised? You shouldn't be. WeWork burned through billions in cash during the longest economic expansion ever, including billions in backstop cash. No way it could make it amid tough real-world conditions. Worse, bankruptcy was always in the cards as I noted in this report in 2019.
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Full Insight
(Paid Plans Only, 17-minute read)
Discussions
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- WeWork Board to CEO: YouOUT25 Sep 2019
- WeWork Board and Softbank Battle CEO For Control23 Sep 2019
- WeWork IPO: A Look at the Players in the Palace Coup Attempt23 Sep 2019
- Gravity Works As WeWork Doesn't; Now Plan B17 Sep 2019
- We Work! We Play! We Destroy Shareholder Value, EVERY SINGLE DAY!11 Sep 2019
- We Company: When You Get past the Hype, the Company Is Not Tech-Driven or Disruptive06 Sep 2019
- WeWork IPO Valuations Range Slashed - What's Next? An IPO or a Capital Infusion from SoftBank?06 Sep 2019
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