From $47 Billion, to the verge of bankruptcy in just a matter of weeks. The WeWork disaster is a real roller coaster and it would seem that their erratic CEO Adam Neumann is mostly to blame.
Two years ago, a failed initial public offering made WeWork Inc. the poster child for startup excess and corporate governance failure. Today, the shared-office provider finally joins the public markets, having completed a merger with a blank-check firm, BowX Acquisition Corp.
WeWork lost $ 2 billion in 2019 alone. Aggessive expansion, lower occupancy rate, charging basic rates for its deluxe properties, high lease costs, high operation or variable costs were some of the factors that contributed to its loss. May be sometimes, its wise to simply slow down.
A. Eddy Goldfarb is an American toy inventor. The creator of over 800 toys, he is best known for inventing Yakity Yak Talking Teeth, Battling Tops, KerPlunk, Stompers, and Vac-U-Fo...
Despite separating from Somalia over 20 years ago, the state of Somaliland is still unrecognized by the rest of the world. Life here is hard.The popular series Dicing with Death br...
The Enron scandal was a series of events involving dubious accounting practices that resulted in the bankruptcy of the energy, commodities, and services company Enron Corporation a...
This documentary explores the David-and-Goliath story about the group of amateur investors who bought stock in the failing video game chain, GameStop.Filmmaker Jonah Tulis examines...
© 180Vita Ltd.·All rights reserved
