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Once worth $47 billion, WeWork shares near zero after bankruptcy warning, ET RealEstate

WeWork: The SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty losses, corporate governance lapses and the management style of then founder-CEO Adam Neumann. ....

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wework: WeWork has sent a distress signal. Here's what to know

WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey, tech entrepreneurs who used the funds from the sale of their previous co-working startup, Green Desk. ....

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Once worth $47bn, this co-working space (with Gurugram office) nears bankruptcy

"WeWork was perhaps the most overhyped startup of recent years," said Steve Clayton, head of equity funds at Hargreaves Lansdown. | World News ....

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WeWork is on a downward spiral that could lead to bankruptcy

After years of losses, and leadership struggles, the company warns that its days could be numbered. ....

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WeWork SPAC Meltdown Adds to Co-Working Company's Litany of Woes

(Bloomberg) WeWork Inc. is already infamous for torching billions of Softbank Group Inc.’s cash. It’s been labeled a poster child for the excesses of Silicon Valley’s founder worship. And exemplifies the profligacy of a near-zero interest rate environment.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadNaira Extends Drop ....

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