scorecard
  1. Home
  2. smallbusiness
  3. Tech
  4. The WeWork IPO fiasco of 2019, explained in 30 seconds

The WeWork IPO fiasco of 2019, explained in 30 seconds

The WeWork IPO fiasco of 2019, explained in 30 seconds

wework adam neumann 3 2x1

WeWork; Jackal Pan/Getty images; Samantha Lee/Business Insider

WeWork cofounder Adam Neumann.

  • $4 has been in turmoil since it publicly filed its IPO paperwork in August.
  • In one month, the coworking company cut its valuation down from $47 billion to as low as $10 billion, removed its CEO Adam Neumann, and delayed its IPO indefinitely.
  • $4

What just happened to $4?

Attempting to go public this month stirred up a lot of drama - in finances and leadership - for the nine-year-old coworking company.

READ MORE ARTICLES ON



Popular Right Now



Advertisement