wework-is-too-broke-to-pay-employees,-but-its-founder-will-make-$200-million-anyway

The WeWork train wreck keeps on going as the company prepares to cut thousands of jobs. The only problem? There’s not enough money left to pay employee severance packages. WeWork literally can’t afford to let people go. Meanwhile, founder Adam Neumann is set to walk away with a $200 million payday under a rescue package…

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wework-withdraws-ipo-filing-despite-controversial-ceo’s-exit

WeWork, which was valued at $47 billion merely several months ago, is withdrawing its IPO filing according to reports. Fortune reporter Polina Marinova and Bloomberg columnist Brian Chappatta released the statement of WeWork co-CEOs, who emphasized that the company will focus on building its fundamentals and postpone the IPO. The withdrawal of the IPO comes…

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after-uber,-investors-dodged-a-bullet-in-the-wework-ipo

It’s official. Adam Neumann is no longer at the helm of the workspace startup he founded, WeWork, amid a stalled IPO that has shattered the dreams of both the company and its backers for a huge payday. We couldn’t ignore the similarities between WeWork and another tech unicorn that managed to pull off its debut…

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unicorn-ipos-have-incinerated-$45-billion-this-year

The proposed WeWork IPO has totally collapsed. Founder Adam Neumann is out as CEO, and the company has slashed real estate deal activity and fired staff. The company’s credit rating has been cut to B-, and its bonds are plunging. Softbank recently valued WeWork at $47 billion, now some analysts say it may be worth…

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5-crazy-numbers-we-found-in-wework’s-horrorshow-ipo

WeWork revealed its IPO prospectus on Wednesday and we found some bizarre facts and figures inside. Source: ShutterstockBy CCN Markets: The prospect of a WeWork IPO was met with skepticism after the official S-1 filing to the SEC revealed some extravagant facts and figures about the company and its CEO. Here are 5 interesting numbers…

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