WeWork said Monday it will shed $4 billion in debt and get $450 million in new financing to get out of bankruptcy without being sold to its co-founder and former CEO Adam Neumann, the architect of its ...
WeWork didn’t invent the shared office, but it did make co-working cool. Still, the company could never quite turn all its buzz into sustainable profit. On November 6, after months of speculation, the ...
When hearts swell with fear of missing out, investors bet big on impresarios touting visions of a bright future. After the impresarios fail to deliver, the media takes notice and investors flee.
A WeWork space in Tempe, Ariz., last year.Credit...Adam Riding for The New York Times By Maureen Farrell Benjamin Mullin and Peter Eavis Maureen Farrell covers private equity and hedge funds, and is a ...
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