https://techcrunch.com/2023/11/01/dont-be-surprised-if-wework-files-for-bankruptcy/

WeWork could file for bankruptcy as early as next week, according to Reuters and the Wall Street Journal. Frankly, we are not surprised at this result for the former venture darling.

WeWork’s shares were down 49.7% in early morning trading on Wednesday, bringing its market capitalization to just $61 million. That’s a ludicrous drop considering this company raised more than $7.09 billion in equity capital while private.