In the 11 years since its founding, WeWork has had a wild ride. At its core, it's a real estate company that subleases trendy office spaces to other businesses. But the workers at the company, led by ...
WeWork said Monday it will shed $4 billion in debt and get $450 million in new financing to get out of bankruptcy without being sold to its co-founder and former CEO Adam Neumann, the architect of its ...
The SaksWorks coworking space in Greenwich, Connecticut, tucked inside what was once a Saks Fifth Avenue department store, feels like a well-appointed library where no one reads: fireplace, ...
Ted Shaffrey / AP WeWork, the once-buzzy startup that was valued at $47 billion at its peak, filed for Chapter 11 bankruptcy protection on Monday in federal court in New Jersey. In its bankruptcy ...
WeWork didn’t invent the shared office, but it did make co-working cool. Still, the company could never quite turn all its buzz into sustainable profit. On November 6, after months of speculation, the ...
When hearts swell with fear of missing out, investors bet big on impresarios touting visions of a bright future. After the impresarios fail to deliver, the media takes notice and investors flee.
A WeWork space in Tempe, Ariz., last year.Credit...Adam Riding for The New York Times By Maureen Farrell Benjamin Mullin and Peter Eavis Maureen Farrell covers private equity and hedge funds, and is a ...
Fishing buoys line the community bar at the WeWork co-working space in Seattle’s Ballard neighborhood. (WeWork Photo) WeWork is closing its location in the Ballard neighborhood of Seattle less than ...
Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup ...
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