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WeWork’s bankruptcy caps swift downfall for $US47 billion standout

Amelia Pollard, Ellen Huet and Ethan M Steinberg

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Just two years after it went public, the once high-flying real estate business WeWork filed for bankruptcy without ever having figured out how to make flexible workspaces into a profitable enterprise.

It caps a wild ride for a company that began with the idea of re-imagining staid offices as fun places to hang out and grew to a behemoth worth $US47 billion at its peak.

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Washington Post

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    Original URL: https://www.afr.com/link/follow-20180101-p5eifc