WeWork’s bankruptcy is proof that its core business never actually worked
https://techcrunch.com/2023/11/07/wework-bankruptcy-business-bad/
WeWork’s bankruptcy filing has arrived. The well-known flexible office-space company has filed for Chapter 11 bankruptcy protection in the United States and Canada, seeking to convert certain debts to equity investments, and “further rationalize its commercial office lease portfolio.”
The Exchange explores startups, markets and money.
WeWork’s bankruptcy is proof that its core business never actually worked
Nov 7, 2023, 5:35pm UTC
https://techcrunch.com/2023/11/07/wework-bankruptcy-business-bad/
> WeWork’s bankruptcy filing has arrived. The well-known flexible office-space company has filed for Chapter 11 bankruptcy protection in the United States and Canada, seeking to convert certain debts to equity investments, and “further rationalize its commercial office lease portfolio.”
> The Exchange explores startups, markets and money.